NASD Notice to Members 01-50 - August 2001

Amendment to the Policy for Granting Foreign Deferrals of the Regulatory Element

Executive Summary

NASD Regulation, Inc. (NASD RegulationSM) is amending its policy of granting foreign deferrals of the Continuing Education Regulatory Element requirement for registered persons now that there are VUE-authorized testing and training centers (VUE centers) in Europe and the Pacific Rim. Registered persons residing approximately 350 miles or less from VUE centers located in Frankfurt, Hong Kong, Paris, Seoul, Sydney, and Tokyo are no longer eligible for foreign deferrals.

 

Questions concerning this Notice may be directed to John Linnehan, Director, Continuing Education, NASD Regulation, Inc., at (240) 386-4684; or Heather Bevans, Continuing Education Communications Coordinator, NASD Regulation, Inc., at (240) 386-4685.