2004 Notices to Members

 
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December 2004

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04-95 NASD Issues Reminder to Members Regarding the Municipal Securities Rulemaking Board's Implementation of Real-Time Reporting and Dissemination of Transactions in Municipal Securities
Posted on: 12/28/2004
04-94 Nominees for the District Committee for District 10
Posted on: 12/20/2004
04-93 Short Sale Requirements -- Issues Relating to the SEC's Adoption of Regulation SHO
Posted on: 12/28/2004
04-92 Amendments to Section 13 of Schedule A to the NASD By-Laws Governing the Review Charge for Advertisement, Sales Literature, and Other Such Material Filed with or Submitted to NASD;
Implementation Date: January 1, 2005
Posted on: 12/13/2004
04-91 NASD Has Filed for Immediate Effectiveness Amendments to Section 7 of Schedule A to the NASD By-Laws Governing Fees for Filing Documents Pursuant to the Corporate Financing Rule;
Implementation Date: January 1, 2005
Posted on: 12/9/2004
04-90 NASD Issues Interpretive Guidance Regarding Various Trade Reporting and Compliance Engine (TRACE) Rules
Posted on: 12/8/2004
04-89 NASD Alerts Members to Concerns When Recommending or Facilitating Investments of Liquefied Home Equity
Posted on: 12/8/2004
For Your Information
Posted on: 12/31/2004
Disciplinary and Other NASD Actions
Posted on: 12/15/2004
 

November 2004

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04-88 Notice of Meeting and Proxy
Posted on: 11/30/2004
04-87 2005 Trade Date-Settlement Date Schedule
This version corrects the Trade Dates and Settlement Dates for Columbus Day 2005.
Posted on: 11/30/2004
04-86 SEC approves NASD Interpretive Material to Rule 2210 regarding member firms' use of investment analysis tools;
Effective Date: February 14, 2005
Posted on: 11/16/2004
04-85 SEC Approves Amendments to Rule 6954(c) Requiring ECNs to Capture and Report Routed Order Identifier Information to OATS;
Effective Date: February 14, 2005
Posted on: 11/16/2004
04-84 SEC Approves Adjustments to the Trading Activity Fee
Posted on: 11/15/2004
04-83 NASD Requests Comment on Whether to Propose New Rule That Would Address Conflicts of Interest When Members Provide Fairness Opinions in Corporate Control Transactions;
Note: The comment period was extended to February 1, 2005.
Comment Period Expired January 10, 2005
Posted on: 11/11/2004
04-82 NASD Announces Election Results for District Committees and District Nominating Committees
Posted on: 11/16/2004
04-81 SEC Approves New NASD Qualification Requirements for Supervisors of Research Analysts;
Compliance Date: No Later Than August 2, 2005
Posted on: 11/10/2004
04-80 NASD Seeks Comment on Proposed Changes to the OATS Rules;
Comment Period Expired January 20, 2005
Posted on: 11/9/2004
04-79 SEC Approves New Chief Executive Officer Compliance Certification and Chief Compliance Officer Designation Requirements;
Compliance Date: December 1, 2004
Posted on: 11/1/2004
Disciplinary and Other NASD Actions
Posted on: 11/15/2004
 

October 2004

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04-78 SEC Approves Amendments to Rule 1120 to Eliminate Exemptions from the Continuing Education Regulatory Element Requirements; Effective Date: Anticipated April 2005;
Specific Date to be Announced in Future Notice to Members
Posted on: 10/27/2004
04-77 SEC Announces Approval of Amendment to NASD's Minor Rule Violation Plan (MRVP) to Include Failure to Timely Submit Amendments to Form U5;
Effective Date: November 22, 2004
Posted on: 10/21/2004
04-76 Securities Industry/Regulatory Council on Continuing Education Issues Firm Element Advisory
Posted on: 10/21/2004
04-75 NASD Seeks Comment on Enhanced Disclosure for Subordination Agreements;
Comment Period Expired November 26, 2004
Posted on: 10/12/2004
04-74 Broker-Dealer, Investment Adviser Firm, Agent and Investment Adviser Representative Renewals for 2005;
Payment Deadline: December 6, 2004
Posted on: 10/11/2004
04-73 Amendments to Section 4 of Schedule A to the NASD By-Laws Governing Qualification Examination Fees; Implementation Date: January 1, 2005
Posted on: 10/8/2004
04-72 Impermissible Use of Negative Response Letters for the Transfer of Mutual Funds and Variable Annuities (Changes in Broker-Dealer of Record)
Posted on: 10/5/2004
04-71 SEC Approves New Rules and Rule Amendments Concerning Supervision and Supervisory Controls;
Effective Date: January 31, 2005
Posted on: 10/4/2004
04-70 Nominees for NASD Board of Governors
Posted on: 10/6/2004
04-69 Mandatory Use of Combined New Order/Route and Combined New Order/Execution Reports Delayed until April 4, 2005; Clarification of Combined Reporting Format Requirements for Related Order Information Submitted by Multiple Order Sending Organizations
Posted on: 10/1/2004
Disciplinary and Other NASD Actions
Posted on: 10/15/2004
 

September 2004

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04-68 SEC Approves Rule Amendment Requiring That ADF Market Participant Provide Advance Written Notice When Denying Access;
Effective Date: October 20, 2004
Posted on: 9/20/2004
04-67 Nominees for District Committee and District Nominating Committee
Posted on: 9/16/2004
04-66 NASD Reminds Member Firms of Their Obligations to Ensure the Accuracy and Integrity of Information Entered into Order-Routing and Execution Systems
Posted on: 9/14/2004
04-65 SEC Approves Amendments to TRACE Rules to Disseminate Transaction Information on All TRACE-Eligible Securities, Modify and Supplement Defined Terms, and Enhance Notification Requirements
Posted on: 9/8/2004
Disciplinary and Other NASD Actions
Posted on: 9/15/2004
 

August 2004

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04-64 SEC Announces Immediate Effectiveness of the Deletion of IM-2210-4(b) and Rule Series 3400 as Obsolete;
Effective Date: August 10, 2004
Posted on: 8/24/2004
04-63 New SEC Procedures Relating to Section 31 of the Securities Exchange Act of 1934
Posted on: 8/20/2004
04-62 SEC Approves New Rule 10334 To Allow Direct Communication Between Parties and Arbitrators;
Effective Date: September 30, 2004
Posted on: 8/17/2004
04-61 SEC Approves Amendments to Rule 10308 Regarding the Time for Chairperson Selection;
Effective Date: September 17, 2004
Posted on: 8/17/2004
04-60 SEC Approves Increase to the Arbitrator Panel Training Fee;
Effective Date: September 16, 2004
Posted on: 8/13/2004
04-59 SEC Announces Immediate Effectiveness of Amendments to the Rule 9600 Series Establishing Waiver Subcommittee of the National Adjudicatory Council;
Effective Date: September 1, 2004
Posted on: 8/11/2004
04-58 SEC Grants Accelerated Approval of Rule Change Relating to Transfers of Specifically Designated Customer Account Assets through the Automated Customer Account Transfer Service (ACATS);
This version was updated on 8/19/04.
Effective Date: September 13, 2004
Posted on: 8/10/2004
04-57 NASD Extends Jurisdiction to Suspend Formerly Associated Persons Who Fail to Pay Arbitration Awards
Posted on: 8/9/2004
04-56 SEC Approves Amendments to Rule 10314 to Implement the Online Arbitration Claim Filing System;
Effective August 5, 2004
Posted on: 8/5/2004
04-55 NASD Requests Comment on a Proposed Uniform Branch Office Registration Form;
Comment Period Expired September 3, 2004
Posted on: 8/4/2004
04-54 Operative Date of Short Sale ACT Reporting Requirements for OTCBB and Other Non-NASDAQ OTC Equity Securities.
Extended to September 24, 2004
Posted on: 8/2/2004
Disciplinary and Other NASD Actions
Posted on: 8/16/2004
 

July 2004

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04-53 SEC Approves Amendments to IM-10104 and Rules 10306 and 10319 Regarding "Last Minute" Adjournments of Arbitration Hearings;
Effective Date: August 16, 2004
Posted on: 7/16/2004
04-52 Guidance on the Requirements for Availability of the Bona Fide Fully Arbitraged Exemption
Posted on: 7/21/2004
04-51 SEC Approves Amendments to TRACE Rule 6230 to Reduce the Reporting Period to 30 Minutes on October 1, 2004, and to 15 Minutes on July 1, 2005
Posted on: 7/14/2004
04-50 Treatment of Commodity Pool Trail Commissions under Rule 2810 (Direct Participation Programs Rule);
The effective date has been delayed until Tuesday, October 12, 2004.
Effective Date: July 13, 2004
Posted on: 7/13/2004
Disciplinary and Other NASD Actions
Posted on: 7/15/2004
 

June 2004

04-49 SEC Approves Amendments to Rules 10308 and 10312 Regarding Arbitrator Classification, Disclosures, and Challenges
Effective Date: July 19, 2004
Posted on: 6/18/2004
04-48 SEC Approves Amendments to Rule 6954 Requiring Members to Record and Report Execution Price and Firm Capacity in OATS Execution Reports
Effective Date: October 4, 2004
Posted on: 6/18/2004
04-47 Members' Obligations with Respect to the Transfer of Cost Basis Information
Posted on: 6/18/2004
04-46 Mandatory Changes to OATS New Order, Combined New Order/Route, and Combined New Order/Execution Reports
Posted on: 6/16/2004
04-45 NASD Seeks Comment on Proposed Rule to Impose Specific Sales Practice Standards and Supervisory Requirements on Members for Transactions in Deferred Variable Annuities;
Comment Period Expires August 9, 2004
Posted on: 6/9/2004
04-44 Impermissible Confidentiality Provisions and Complaint Withdrawal Provisions in Settlement Agreements
Posted on: 6/2/2004
04-43 Members' Use of Affidavits in Connection with Stipulated Awards and Settlements to Obtain Expungement of Customer Dispute Information under Rule 2130
Posted on: 6/2/2004
04-42 NASD Informs Members of Upcoming District Committee and District Nominating Committee Elections
Posted on: 6/8/2004
04-41 NASD Announces Nominees for Regional Industry Member Vacancies on the National Adjudicatory Council
Posted on: 6/1/2004
Disciplinary and Other NASD Actions
Posted on: 6/15/2004
 

May 2004

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04-40 NASD Clarifies ACT Short Sale Reporting Requirements
Posted on: 5/28/2004
04-39 SEC Approves Amendments to Clarify the Term "TRACE-Eligible Security" and to Expand the Scope of an Exemption from TRACE Reporting Requirements;
Effective Date: June 17, 2004
Posted on: 5/19/2004
04-38 NASD Reminds Member Firms of Their Obligations to Adhere to Credit Extension Requirements and Day Trading Margin Rules
Posted on: 5/7/2004
04-37 SEC Approves Rules Requiring Members to Create Business Continuity Plans and Provide Emergency Contact Information;
Effective Dates: Rule 3510: Clearing Firms: August 11, 2004 Introducing Firms: September 10, 2004 Rule 3520: All Firms: June 14, 2004
Posted on: 5/5/2004
04-36 SEC Approves NASD Proposed Rule 9550 Series on Expedited Proceedings
Posted on: 5/5/2004
Disciplinary and Other NASD Actions
Posted on: 5/15/2004
 

April 2004

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04-35 NASD Reminds Member Firms of Their Obligations to File Certain Financial Reports
Posted on: 4/30/2004
04-34 Due to a change in our publishing schedule, there is no Notice numbered 04-34.
04-33 Limited Net Capital Relief from the Reclassification of Certain Equity as Liabilities in Accordance with Statement of Financial Accounting Standards No. 150
Action Required by May 10, 2004
Posted on: 4/19/2004
04-32 SEC Approves Amendments to Require Quarterly Review and Update of Executive Representative Contact Information;
Effective Date: May 14, 2004
Posted on: 4/14/2004
04-31 NASD Announces Nomination Procedures for Regional Industry Member Vacancies on the National Adjudicatory Council;
Nomination Deadline: May 17, 2004
Posted on: 4/21/2004
04-30 NASD Reminds Firms of Sales Practice Obligations In Sale of Bonds and Bond Funds
Posted on: 4/13/2004
04-29 NASD Informs Members of Upcoming District Committee and District Nominating Committee Elections
This version corrects certain administrative and other non-substantive text.
Posted on: 4/15/2004
04-28 SEC Approves Amendments to Repeal Rule 4613A(e)(1) Requiring Same-Priced Quotations on Multiple Markets;
Effective Date: March 12, 2004
Posted on: 4/6/2004
04-27 NASD Solicits Member Vote on Amendments to NASD By-Laws to Reconfigure NASD Board;
Last Voting Date: May 6, 2004
Posted on: 4/6/2004
Disciplinary and Other NASD Actions
Posted on: 4/15/2004
 

March 2004

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04-26 NASD Reminds Members of Their Duty to Ensure Proper Application of Discounts in Sales Charges to Sales of Unit Investment Trusts (UITs)
Posted on: 3/31/2004
04-25 SEC Approves New NASD Research Analyst Qualification and Examination Requirements (Series 86/87);
Effective Date: March 30, 2004
Posted on: 3/31/2004
04-24 SEC Announces Immediate Effectiveness of IM-3150 Governing Exemptions from the Reporting Requirements of NASD Rule 3150;
Effective Date: February 20, 2004
Posted on: 3/23/2004
04-23 NASD Seeks Comment On (1) Amending its Minor Rule Violation Plan (MRVP) to Include Failure Timely to Submit Amendments to the Uniform Termination Notice for Securities Industry Registration (Form U5); and (2) Adopting a Rule to Create an Inactive Disclosure Review Registration Status;
Comment Period Expired April 19, 2004
Posted on: 3/18/2004
04-22 SEC Approves Amendments to Rule 1120 (Continuing Education Requirements) Regarding Regulatory Element Contact Person
Posted on: 3/17/2004
04-21 NASD Provides Further Guidance on Amendments to NASD Rule 3370-Affirmative Determination Requirements
Posted on: 3/17/2004
04-20 IPO Distribution Manager to Replace Compliance Desk; Filings Required for All New Issues as Defined in Rule 2790;
Voluntary Effective Date: March 23, 2004; Mandatory Effective Date: April 16, 2004
Posted on: 3/12/2004
04-19 NASD Releases Minor Rule Violation Plan (MRVP) Guidelines
Posted on: 3/9/2004
04-18 NASD and NYSE Provide Further Guidance on Rules Governing Research Analysts' Conflicts of Interest
Posted on: 3/9/2004
04-17 NASD Revises NASD Sanction Guidelines
Posted on: 3/8/2004
04-16 NASD Adopts Rule 2130 Regarding Expungement of Customer Dispute Information From The Central Registration Depository;
Effective Date: April 12, 2004
Posted on: 3/4/2004
04-15 SEC Approves Amendments to NASD Rules Concerning Member Participation in the National Do-Not-Call Registry;
Effective Date: March 31, 2004
Posted on: 3/2/2004
04-14 SEC Approves Amendments to Rule Governing Lending Between Registered Persons and Customers;
Effective date: February 18, 2004
Posted on: 3/2/2004
Disciplinary and Other NASD Actions
Posted on: 3/15/2004
 

February 2004

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04-13 SEC Approves Amendments to Rule 2710 (Corporate Financing Rule) and Rule 2720 (Distribution of Securities of Members and Affiliates-Conflicts of Interest);
Effective Date: March 22, 2004
Posted on: 2/27/2004
04-12 Change in Policy of Granting Foreign Deferrals to Registered Supervisors and Principals from the Continuing Education Regulatory Element
Posted on: 2/23/2004
04-11 NASD Reminds Members and Associated Persons of Their Duty to File Uniform Submission Agreements
Posted on: 2/23/2004
04-10 SEC Approves Amendments to Membership Application and Continuation Rules (Rules 1011, 1014, and 1017)
Posted on: 2/23/2004
04-09 SEC Announces Immediate Effectiveness of Amendments to Section 4 of Schedule A to the NASD By-Laws
Posted on: 2/19/2004
04-08 Effective Date of Amendments to NASD Rule 3370 (Affirmative Determination Requirements) Extended to April 1, 2004
Posted on: 2/18/2004
04-07 NASD Requests Comment on Proposed Amendments to Rules 2710 (Corporate Financing) and 2810 (Direct Participation Programs);
This version corrects certain administrative and other non-substantive text.
Comment Period Expired March 12, 2004
Posted on: 2/3/2004
Disciplinary and Other NASD Actions
Posted on: 2/17/2004
 

January 2004

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04-06 SEC Approves Permanent TRACE Fee Structure and Nine-Month Pilot Program for BTDS Professional Delayed-Time Data Display Fee
Posted on: 1/28/2004
04-05 NASD Announces Election Results for District Committees and District Nominating Committees
Posted on: 1/28/2004
04-04 SEC Announces Immediate Effectiveness of Amendments to Section 5 of Schedule A to the NASD By-Laws
Posted on: 1/26/2004
04-03 SEC Approves NASD Rule Proposal Requiring Members to Make Affirmative Determinations for Short Sale Orders Received from Non-Member Broker/Dealers;
Effective Date: February 20, 2004
Posted on: 1/20/2004
04-02 2004 Renewal Reports and Final Renewal Statements
Posted on: 1/12/2004
04-01 NASD Provides Additional Information Regarding Options Exemption for the Trading Activity Fee
Posted on: 1/2/2004
Disciplinary and Other NASD Actions
Posted on: 1/15/2004