NASD Notice to Members 04-36 - May 2004

SEC Approves NASD Proposed Rule 9550 Series on Expedited Proceedings

Executive Summary

On March 9, 2004, the Securities and Exchange Commission (SEC) approved an NASD proposed rule change that creates the Rule 9550 Series to consolidate, clarify, and streamline most procedural rules that have an expedited proceeding component. The new rule text is contained in Attachment A and is effective on June 28, 2004.

 

Questions regarding this Notice may be directed to James S. Wrona, Associate General Counsel, Office of General Counsel, Regulatory Policy and Oversight, at (202) 728-8270.