2003 Notices to Members

 
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December 2003

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03-81 Regulatory Element of Continuing Education Fee to be Reduced from $65 to $60
Effective Date: January 1, 2004
Posted on: 12/30/2003
03-80 NASDAQ Announces New Service Termination Policy Effective January 1, 2004
Posted on: 12/30/2003
03-79 SEC Approves New Rule 2790 (Restrictions on the Purchase and Sale of IPOs of Equity Securities); Replaces Free-Riding and Withholding Interpretation; Voluntary
Effective Date: December 23, 2003; Mandatory Effective Date: March 23, 2004
Posted on: 12/23/2003
03-78 2004 Trade Date Settlement Date Schedule
Note: The Regulation T date for "regular way" transactions made on December 27, 2004, has been corrected to January 3, 2005 (from January 4, 2005).
Posted on: 12/10/2003
03-77 Disclosure of Mutual Fund Expense Ratios in Performance Advertising: NASD Requests Comment on Proposed Amendments to Rules 2210 (Communications With the Public) and 2211 (Institutional Sales Material);
Comment Period Expired January 23, 2004
Posted on: 12/9/2003
03-76 NASD Seeks Comment on Enhanced Access to NASD BrokerCheck (Formerly Known as NASD's Public Disclosure Program); Access to Information Available Under Interpretive Material 8310-2;
Comment Period Expired January 9, 2004
Posted on: 12/4/2003
03-75 Notice of Meeting and Proxy
A proxy package was sent to each NASD Executive Representative on December 2.
Posted on: 12/2/2003
For Your Information
Posted on: 12/31/2003
Disciplinary and Other NASD Actions
Posted on: 12/15/2003
 

November 2003

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03-74 Guidance Relating to the Application of NASD's Limit Order Protection Rule When Trading Proprietarily Through a Separate MPID
Posted on: 11/26/2003
03-73 NASD Announces Online Availability of Comments
Posted on: 11/26/2003
03-72 Request for Comment on Regulatory Approaches to Enhance IPO Pricing Transparency;
Note: The comment period has been extended to January 23, 2004.
Comment Period Expires January 9, 2004
Posted on: 11/24/2003
03-71 NASD Reminds Members of Obligations When Selling Non-Conventional Investments
Posted on: 11/11/2003
03-70 NASD Reminds Members of Their Duty to Cooperate in Arbitration Discovery Process
Posted on: 11/6/2003
03-69 SEC Approves Changes to Rules on Reporting of Transactions through Electronic Communications Networks (ECNs);
Changes Effective November 10, 2003
Posted on: 11/5/2003
03-68 NASD Reminds Members That Fee-Based Compensation Programs Must Be Appropriate
Posted on: 11/4/2003
Disciplinary and Other NASD Actions
Posted on: 11/17/2003
 

October 2003

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03-67 SEC Approves Proposed Changes to NASD Rules 3130 and 3131, Rule 9160, and the Rule 9410 Series
Effective Date: December 1, 2003
Posted on: 10/30/2003
03-66 Approves Proposed Changes to NASD Rule 2520;
Effective Date: December 1, 2003
Posted on: 10/28/2003
03-65 NASD Revises NASD Sanction Guidelines
Posted on: 10/28/2003
03-64 New Arbitrator Applicants Must Undergo Background Verification and Pay Fee;
Effective October 1, 2003
Posted on: 10/15/2003
03-63 SEC Issues Guidance on the Recording of Expenses and Liabilities by Broker/Dealers
Posted on: 10/28/2003
03-62 SEC Approves NASD Rule Proposal To Govern Lending Between Registered Persons and Customers;
Effective date: November 10, 2003
Posted on: 10/8/2003
03-61 Broker/Dealer, Registered Representative, Investment Adviser Firm, and Investment Adviser Representative Renewals for 2004; Payment Deadline: December 5, 2003
Posted on: 10/7/2003
03-60 Nominees for NASD Board of Governors
Posted on: 10/10/2003
03-59 Due to a change in our publishing schedule, there is no Notice numbered 03-59.
Disciplinary and Other NASD Actions
Posted on: 10/15/2003
 

September 2003

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03-58 NASD Issues Interpretive Guidance to the Trade Reporting and Compliance Engine Rules (TRACE Rules)
Posted on: 9/30/2003
03-57 Securities Industry/Regulatory Council on Continuing Education Issues Firm Element Advisory
Posted on: 9/30/2003
03-56 Rule Amendments to Require Member Applicants to File Forms U4 Electronically;
Operative Date: October 27, 2003
Posted on: 9/29/2003
03-55 SEC Approves Changes to Rules on Reporting of Transactions through Electronic Communications Networks (ECNs)
See Nasdaq Head Trader Alert 2003-140 at: www.nasdaqtrader.com/dynamic/newsindex/headtraderalerts_2003.stm.
Note: This Notice is superseded by Notice to Members 03-69.
Posted on: 9/25/2003
03-54 NASD Requests Comment on Proposed Amendments to Rule 2830 (Investment Company Securities);
Comment Period Expired October 17, 2003
Posted on: 9/17/2003
03-53 SEC Announces Immediate Effectiveness of Amendments to Non-Cash Compensation Provisions of Rule 2710 and Rule 2810
Posted on: 9/24/2003
03-52 Nominees for District Committee and District Nominating Committee
Posted on: 9/16/2003
03-51 Amendments to Article VIII of the By-Laws of NASD Regulation, Inc., Regarding District Committees and District Nominating Committees
Posted on: 9/12/2003
03-50 NASD Reminds Member Firms of their Obligations Regarding Mutual Fund Transactions and Directs Review of Policies and Procedures
Posted on: 9/5/2003
03-49 NASD Requests Comment on Proposed Amendments to Rule 3010 to Require Heightened Supervision Plans for Associated Persons with a Specified Threshold of Industry/Regulatory-Related Events
Note: The comment period has been extended to October 31, 2003.
Posted on: 9/5/2003
Disciplinary and Other NASD Actions
Posted on: 9/15/2003
 

August 2003

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03-48 SEC Approves Extension of Pilot Relating to Bond Mutual Fund Volatility Ratings
Posted on: 8/28/2003
03-47 Refunds to Customers Who Did Not Receive Appropriate Breakpoint Discounts in Connection with the Purchase of Class A Shares of Front-End Load Mutual Funds and the Capital Treatment of Refund Liability
Posted on: 8/25/2003
03-46 Amendments Relating to Requests for Underwriting Activity Reports
Posted on: 8/22/2003
03-45 SEC Approves Amendments to TRACE Rule 6260 to Require New Issue Notifications to Include Dissemination Eligibility Information and Be Submitted in Writing
Posted on: 8/19/2003
03-44 SEC Approves Amendments to Rules Governing Research Analysts' Conflicts of Interest
Posted on: 8/3/2003
03-43 SEC Approves Increase to the Trading Activity Fee
Posted on: 7/31/2003
Disciplinary and Other NASD Actions
Posted on: 8/15/2003
 

July 2003

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03-42 SEC Approves Proposed Changes to Forms U4 and U5;
Implementation Date: July 14, 2003
Posted on: 7/9/2003
03-41 NASD Has Amended Section 4(b) of Schedule A to the NASD By-Laws to Increase and Establish New Fingerprint Processing Fees;
Implementation Date: July 15, 2003
Posted on: 7/9/2003
03-40 The Regulatory Element Continuing Education Supervisors Program (S201) to be available July 14, 2003, at Pearson VUE centers in London and Paris; the S201 is available now for members that provide In-Firm Delivery of the Regulatory Element.
Posted on: 7/7/2003
03-39 03-39 NASD Announces Implementation of the First Phase of Electronic Fingerprint Processing in July 2003 and Amends Section 4 of Schedule A to the NASD By-Law to Increase and Establish New Fingerprint Processing Fees;
This Notice was withdrawn on 07/09/03.
Implementation Date: July 15, 2003
03-38 SEC Approves Amendments to NASD Rules Governing Member Communications with the Public
Posted on: 7/7/2003
03-37 New Series 23 Examination;
Effective Date: July 7, 2003
Posted on: 7/1/2003
03-36 SEC Approves Amendments to TRACE Rule 6230 to Reduce the Reporting Period to 45 Minutes
Posted on: 6/30/2003
03-35 SEC Approves NASD Rule Change Giving NASD Authority to Issue and Enforce Temporary Cease and Desist Orders
Posted on: 6/23/2003
03-34 Treasury and SEC Issue Final Rule Regarding Customer Identification Programs for Broker/Dealers;
Effective Date: October 1, 2003
Posted on: 6/20/2003
03-33 Clarification for Members Regarding Supervisory Obligations and Recordkeeping Requirements for Instant Messaging
Posted on: 6/18/2003
Disciplinary and Other NASD Actions
Posted on: 7/15/2003
 

June 2003

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03-32 Clarification of NASD Establishment of Consultative Committees
Posted on: 6/16/2003
03-31 NASD Informs Members of Upcoming District Committee and District Nominating Committee Elections
Posted on: 6/9/2003
03-30 SEC Approves Revisions to NASD By-Laws Regarding Trading Activity Fee
Posted on: 6/5/2003
03-29 Certification by Chief Executive Officer and Chief Compliance Officer: NASD Requests Comment on Proposal to Amend Rule 3010 and Adopt Interpretive Material 3010-1.
Comment Period Expired on July 18, 2003
Posted on: 6/4/2003
03-28 SEC Approves NASD Rule Proposal Requiring Quotation Recording and Reporting for OTC Equity Securities;
Effective Date: June 27, 2003
Posted on: 5/28/2003
Disciplinary and Other NASD Actions
Posted on: 6/16/2003
 

May 2003

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03-27 NASD Announces Nominees for Regional Industry Member Vacancies on the National Adjudicatory Council
Posted on: 5/28/2003
03-26 SEC Approves Amendment to Rule 2260 to Expand the Definition of "Designated Investment Adviser"
Posted on: 5/15/2003
03-25 Waiver Program for Parties in California Arbitration Proceedings has Been Extended to September 30, 2003; New Waiver Agreement Form
Effective March 31, 2003
Posted on: 5/15/2003
03-24 NASD Informs Members of Upcoming District Committee and District Nominating Committee Elections
Posted on: 5/6/2003
03-23 SEC Approves Amendment to Rule 3070 to Require Filing with NASD of Criminal and Civil Complaints and Arbitration Claims
Posted on: 4/21/2003
Disciplinary and Other NASD Actions
Posted on: 5/15/2003
 

April 2003

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03-22 Dissemination of Additional Corporate Debt Securities Will Begin on April 14, 2003
Posted on: 4/11/2003
03-21 SEC Approves Amendments to NASD Rules Regarding Prohibition Against Guarantees and Sharing in Customer Accounts;
Effective Date: May 12, 2003
Posted on: 4/11/2003
03-20 Technical Changes to the NASD Registration Rules Effective Immediately
Posted on: 4/11/2003
03-19 NASD Expands Equity Option Hedge Exemption
Posted on: 4/11/2003
03-18 NASD Announces Nomination Procedures for Regional Industry Member Vacancies on the National Adjudicatory Council;
Nomination Deadline: May 9, 2003
Posted on: 4/11/2003
For Your Information
Posted on: 4/15/2003
Disciplinary and Other NASD Actions
Posted on: 4/15/2003
 

March 2003

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03-17 Sales Material for Municipal Fund Securities
Posted on: 3/25/2003
03-16 SEC Approves New Rule and Rule Amendments Concerning Audit Trail and Trading Halt Requirements for ATSs that Trade Security Futures;
Effective Date: March 31, 2003
Posted on: 3/7/2003
03-15 NASD Adopts Amendments to IM-2260 Regarding Rates of Reimbursement for Expenses Incurred in Forwarding Proxy and Other Material;
Effective Immediately
Posted on: 3/7/2003
03-14 NASD Announces Implementation of Web EFT and Amends Section 9 of Schedule A to the NASD By-Laws Establishing an Annual Subscription Charge for NASD Members That Use Web EFT;
Implementation Date: March 24, 2003
Posted on: 3/7/2003
03-13 NASD Reminds Firms about Transaction Reporting Requirements and Announces Enforcement Actions Against Firms for Violations of MSRB Transaction Reporting Rules G-12 and G-14
Posted on: 3/3/2003
For Your Information
Posted on: 3/7/2003
Disciplinary and Other NASD Actions
Posted on: 3/17/2003
 

February 2003

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03-12 SEC Approves Amendments to TRACE Rule 6250 and Other TRACE Rules: Transaction Information to be Disseminated on More Than 4,000 Corporate Debt Securities
Posted on: 2/14/2003
03-11 SEC Approves Changes to Rule on Clearly Erroneous Transactions; Changes Effective Immediately
Posted on: 2/12/2003
03-10 NASD Establishes Consultative Committees
Posted on: 2/10/2003
03-09 NASD Announces Election Results for District Committees and District Nominating Committees
Posted on: 2/3/2003
03-08 NASD Clarifies the Application of Short Interest Reporting Rule
Posted on: 1/31/2003
03-07 NASD Reminds Members of Obligations When Selling Hedge Funds
Posted on: 1/23/2003
Disciplinary and Other NASD Actions
Posted on: 2/18/2003
 

January 2003

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03-06 NASD to Refund Arbitration Member Surcharge Under Certain Circumstances
Posted on: 1/15/2003
03-05 Trade Date-Settlement Date Schedule for Martin Luther King Day and President's Day
Posted on: 1/10/2003
03-04 NASD Solicits Vote on Amendments to the NASD By-Laws Concerning the Definition of Disqualification and Failure to Pay Arbitration Awards;
Last Voting Date: February 10, 2003
Posted on: 1/10/2003
03-03 NASD Dispute Resolution Relocates Its New York City Headquarters and Regional Office
Posted on: 12/31/2002
03-02 NASD Dispute Resolution Establishes a New Hearing Location in Puerto Rico
Posted on: 12/27/2002
03-01 2003 Renewal Reports and Final Renewal Statements
Posted on: 12/27/2002
Disciplinary and Other NASD Actions
Posted on: 1/15/2003