2006 Notices to Members

 
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December 2006

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06-74 Member Business Continuity Experiences regarding Hurricanes Katrina and Rita
Posted on: 12/29/2006
06-73 2007 Trade Date-Settlement Date Schedule
This Notice was updated on 10/12/07 to include the trade date and settlement dates for Veterans Day, and also updated on 10/4/07 to correct the Columbus Day settlement dates for the October 4 and 5 trade dates.
Posted on: 12/29/2006
06-72 Amendments to Rule 2340 Requiring Customer Account Statements to Include a Statement Reminding Customers to Report Inaccuracies in Their Accounts in Writing;
NTM 06-72 supersedes NTM 06-60
Revised Effective Date: May 31, 2007
Posted on: 12/21/2006
06-71 Clarification of Exemption for Market Makers Acting in the Capacity of Exchange Market Maker and Interpretive Guidance Relating to Riskless Principal Transactions
Posted on: 12/19/2006
06-70 SEC Approves Amendments Expanding the OATS Requirements to OTC Equity Securities and NASD Publishes Revised OATS Reporting Technical Specifications;
The effective date has been extended to February 4, 2008.
Effective Date: June 11, 2007
Posted on: 12/11/2006
06-69 NASD Issues Additional Guidance on Rule 3060 (Influencing or Rewarding Employees of Others)
Posted on: 12/4/2006
For Your Information
Posted on: 12/12/2006
Disciplinary and Other NASD Actions
Posted on: 12/15/2006
 

November 2006

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06-68 SEC Approves Amendments to Rule 2340 to Allow DVP/RVP Customers to Elect Not to Receive Account Statements;
Effective Date: November 22, 2006
Posted on: 11/30/2006
06-67 SEC Approves Amendments to NASD Rules to Align Them with Regulation NMS;
The SEC has extended the Trading Phase Date to March 5, 2007.
Effective Date: Regulation NMS Trading Phase Date, Currently Scheduled to Occur February 5, 2007
Posted on: 11/28/2006
06-66 NASD Announces Election Results for District Committees, District Nominating Committees and the National Adjudicatory Council
Posted on: 11/22/2006
06-65 Securities Industry/Regulatory Council on Continuing Education Issues Firm Element Advisory
Posted on: 11/15/2006
06-64 SEC Approves Amendments to Rule 10308 Regarding the Classification of Arbitrators;
Effective Date: January 15, 2007
Posted on: 11/15/2006
06-63 Amendments to Registration Rules Extending the Date by which Eligible Registrants must Complete Continuing Education Program before Engaging in Security Futures Activities;
Effective Date: November 15, 2006
Posted on: 11/13/2006
06-62 SEC Approves Rule 3160 Regarding Submission and Reporting Requirements for Regulation T and SEC Rule 15c3-3 Extension of Time Requests;
Effective Date: March 1, 2007
Posted on: 11/13/2006
06-61 SEC Approves Rule 3170 Requiring Members to Electronically File with or Otherwise Submit to NASD Specified Regulatory Notices or Other Documents
Effective Date: December 6, 2006
Posted on: 11/6/2006
Disciplinary and Other NASD Actions
Posted on: 11/15/2006
 

October 2006

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06-60 SEC Approves Amendments to Rule 2340 Requiring Customer Account Statements to Include a Statement Reminding Customers to Report Inaccuracies in Their Accounts in Writing;
NTM 06-60 has been superseded by NTM 06-72
Effective Date: March 6, 2007
Posted on: 10/16/2006
06-59 Broker-Dealer, Investment Adviser Firm, Agent and Investment Adviser Representative Renewals for 2007;
Payment Deadline: December 8, 2006
Posted on: 10/10/2006
06-58 SEC Approves Amendments to Rule 2320(a) Regarding Best Execution and New Interpretive Material 2320;
Effective Date: November 8, 2006
Posted on: 10/9/2006
06-57 SEC Approves Exemption to NASD Rule 5100 (Short Sale Rule) for Securities Included in the NASDAQ-100 Index;
Effective Date: October 9, 2006
Posted on: 10/5/2006
06-56 SEC Approves Amendments to the Safe Harbor for Business Expansions;
Effective Date: November 3, 2006
Posted on: 10/3/2006
Disciplinary and Other NASD Actions
Posted on: 10/16/2006
 

September 2006

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06-55 NASD Revises Sanction Guidelines to Further Address Consideration of a Firm's Size
Posted on: 9/26/2006
06-54 Amendments to Option Disclosure Documents Delivery Requirements in Rule 2860;
Implementation Date: October 26, 2006
Posted on: 9/26/2006
06-53 Guidance on the Requirements for Availability of Bona Fide Market Making Activity Exception to NASD Rule 5100
Posted on: 9/25/2006
06-52 NASD Requests Comment on Proposed Amendments to Rules Governing Conflicts of Interest in Public Offerings of Securities;
Comment Period Expires October 30, 2006
Posted on: 9/14/2006
06-51 Amendments to Option Exercise Procedures in Rule 2860;
Effective Date: October 12, 2006
Posted on: 9/12/2006
06-50 NASD Reminds Members of Their Obligation to Provide Accurate Information to Services that Disseminate Trading Volume and Trading Interest
Posted on: 9/8/2006
06-49 NASD to Close Mid-Atlantic Dispute Resolution Office October 6, 2006
Posted on: 9/5/2006
06-48 SEC Approves Amendments to NASD Rules 2210 and 2211 to Require Disclosure of Fees and Expenses in Mutual Fund Performance Sales Material;
This Notice has been updated to correct the rule reference at the top of page 4 to 2210(d)(3)(B).
Effective Date: April 1, 2007
Posted on: 9/1/2006
06-47 SEC Approves New Rule 2441 Requiring Disclosure and Consent When Trading on a Net Basis with Customers;
Effective Date: October 2, 2006
Posted on: 9/1/2006
Disciplinary and Other NASD Actions
Posted on: 9/15/2006
 

August 2006

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06-46 Extension of Pilot Program Increasing Position and Exercise Limits for Stock Options
Posted on: 8/28/2006
06-45 SEC Approves Amendments to NASD Rule 2211 to Require Principal Pre-Use Approval of Certain Member Correspondence Sent to 25 or More Existing Retail Customers within a 30 Calendar-Day Period;
Effective Date: December 1, 2006
Posted on: 8/24/2006
06-44 Exemption for Registered NASDAQ Market Makers Acting in the Capacity of Exchange Market Maker
This Notice supersedes Notice to Members 06-37.
Posted on: 8/24/2006
06-43 NASD Announces Nominees for Regional Industry Member Seats on the National Adjudicatory Council
Posted on: 8/23/2006
06-42 Pilot Program to Permit Additional Market Participant Identifier Functionality on the Alternative Display Facility
Posted on: 8/15/2006
06-41 Special Measures against Specified Banks Pursuant to Section 311 of the USA PATRIOT Act
Posted on: 8/14/2006
06-40 Nominees for District Committee and District Nominating Committee
Posted on: 8/17/2006
06-39 SEC Approves Amendments Relating to Automated Reporting of Transactions Subject to Regulatory Transaction Fee;
Effective Date: December 1, 2006
Posted on: 8/11/2006
06-38 Member Obligations with Respect to the Sale of Existing Variable Life Insurance Policies to Third Parties
Posted on: 8/9/2006
06-37 Exemption for Registered NASDAQ Market Makers Acting in the Capacity of Exchange Market Maker
This Notice is superseded by Notice to Members 06-44.
Posted on: 8/1/2006
Disciplinary and Other NASD Actions
Posted on: 8/15/2006
 

July 2006

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06-36 NASD and NYSE Joint Interpretive Guidance on Fixed Income Research
Posted on: 7/31/2006
06-35 Revisions to the Series 22, 27, 28, 39 and 55 Examination Programs;
Implementation Date: August 15, 2006
Posted on: 7/14/2006
06-34 Technical Changes in the Reporting of Statistical and Summary Information Regarding Customer Complaints and Disclosure Events pursuant to Rule 3070
This NTM has been revised to reflect an extension of the effective date to December 15, 2006, and to correct certain non-substantive text.
Posted on: 7/12/2006
Disciplinary and Other NASD Actions
Posted on: 7/17/2006
 

June 2006

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06-33 Frequently Asked Questions regarding Electronic Blue Sheet Submissions; Remediation Dates Extended
Posted on: 6/30/2006
06-32 NASD Requests Comment on Providing Public Access to Historic TRACE Data Not Previously Disseminated or Otherwise Publicly Available;
The comment period was extended to August 15, 2006.
Comment Period Expired July 31, 2006
Posted on: 6/28/2006
06-31 NASD Requests Comment on Regulatory Relief that Should Be Granted in Response to a Possible Pandemic or Other Major Business Disruption;
The comment period was extended to September 15, 2006.
Comment Period Expired July 31, 2006
Posted on: 6/28/2006
06-30 Amendments to the Fee for Extension of Time Requests under Regulation T and SEC Rule 15c3-3;
Effective Date: July 1, 2006
Posted on: 6/9/2006
06-29 NASD Announces Nomination Procedures for Regional Industry Member Vacancies on the National Adjudicatory Council;
This Notice has been revised to reflect the new Chair of the Regional Nominating Committee for the New York Region.
Nomination Deadline: July 17, 2006
Posted on: 6/19/2006
06-28 SEC Approves New Rule 3210 Applying Short Sale Delivery Requirements to Non-Reporting OTC Equity Securities;
Effective Date: July 3, 2006
Posted on: 6/2/2006
Disciplinary and Other NASD Actions
Posted on: 6/15/2006
 

May 2006

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06-27 SEC Approves Amendments to Rule 6740 Relating to Submission of SEC Rule 15c2-11 Information to NASD;
Effective Date: June 29, 2006
Posted on: 5/30/2006
06-26 Amendments to Margin Rules to Reflect Additional Complex Option Spread Strategies
Posted on: 5/25/2006
06-25 Establishment of Branch Office System Processing Fee and Waiver of Branch Office System Processing Fee and Annual Branch Office Registration Fee For One Branch Office Per Member Per Year;
This version was updated on 6/5/06.
Effective Date: July 3, 2006
Posted on: 5/25/2006
06-24 NASD Informs Members of Upcoming District Committee and District Nominating Committee Elections
Posted on: 5/23/2006
06-23 NASD Reminds FINOPs of their Obligations under NASD Rule 1022 and Issues Guidance to FINOPS who Work Part-Time, Work Off-Site or Hold Multiple Registrations
Posted on: 5/17/2006
06-22 NASD Requests Comment on Publicly Disseminating in TRACE Information Whether a Transaction was an Inter-Dealer or a Dealer-Customer Transaction and, in Dealer-Customer Transactions, Whether the Broker-Dealer was a Buyer or Seller;
Comment Period Expired June 15, 2006
Posted on: 5/10/2006
06-21 NASD and NYSE Issue Joint Guidance on Charitable Contributions
Posted on: 5/5/2006
Disciplinary and Other NASD Actions
Posted on: 5/15/2006
 

April 2006

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06-20 NASD Implements Changes to the Regulation Filing Applications System;
Effective Date: July 3, 2006
Posted on: 4/28/2006
06-19 SEC Approves New Rule 3380, Order Entry and Execution Practices; Effective Date: May 25, 2006
Posted on: 4/25/2006
06-18 SEC Division of Market Regulation Issues Interpretive Guidance Regarding Regulation SHO Close-Out Requirements; Effective Date: May 1, 2006
Posted on: 4/25/2006
06-17 NASD Extends Compliance Date for Recent Amendments to NASD's Order Audit Trail System Rules;
Compliance Date: July 10, 2006
Posted on: 4/21/2006
06-16 NASD Amends Rule 1013 to Adopt a Standardized Application Form (Form NMA) to be Used by All New Member Applicants;
Implementation Date: May 20, 2006
Posted on: 4/20/2006
06-15 SEC Approves Expansion of NASD's Exemptive Authority under the OATS Rules; NASD Provides Additional Guidance Regarding Exemptive Relief and Encourages Exempted and Other Small Firms to Test the Enhanced OATS Web Interface
Posted on: 4/5/2006
06-14 SEC Approves Amendments to the Short Interest Reporting Requirements;
Effective Date: July 3, 2006
Posted on: 4/4/2006
Disciplinary and Other NASD Actions
Posted on: 4/17/2006
 

March 2006

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06-13 Validation of Electronic Blue Sheet Systems: Intermarket Surveillance Group Requires Validation by March 31, 2006
Posted on: 3/30/2006
06-12 Extension of Effective Date of NASD Uniform Branch Office Definition and Certain Form BR and Form U4 Filing Requirements from May 1, 2006 to July 3, 2006 Joint Interpretive Guidance from NASD and the NYSE Relating to Uniform Branch Office Definition Under NASD Rule 3010(g)(2) and NYSE Rule 342.10
Effective Date of Uniform Definition: NASD: July 3, 2006; NYSE: September 9, 2005
Posted on: 3/22/2006
06-11 SEC Approves Amendment to NASD Interpretive Material 3013 Regarding Timing of Submission of Report that Evidences Processes to a Member's Board of Directors and Audit Committee;
Effective Date: March 17, 2006
Posted on: 3/22/2006
06-10 NASD Revises Sanction Guidelines;
Effective Date: March 31, 2006
Posted on: 3/7/2006
06-09 Extension of Pilot Program Increasing Position and Exercise Limits for Stock Options
Posted on: 3/2/2006
Disciplinary and Other NASD Actions
Posted on: 3/15/2006
 

February 2006

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06-08 Amendments Relating to the Status of Persons Serving in the Armed Forces of the United States;
Effective Dates: IM-1000-2(a) and IM-1000-2(b): November 15, 2005; IM-1000-2(c): March 27, 2006
Posted on: 2/24/2006
06-07 SEC Approves Amendments to Anti-Money Laundering Compliance Program Rule and Adoption of Interpretive Material;
Effective Date: March 6, 2006
Posted on: 2/10/2006
Disciplinary and Other NASD Actions
Posted on: 2/15/2006
 

January 2006

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06-06 NASD Requests Comment on Proposed Interpretive Material IM-3060 Addressing Gifts and Business Entertainment;
The comment period was extended to March 3, 2006.
Comment Period Expired February 23, 2006
Posted on: 1/23/2006
06-05 SEC Approves Permanent Rules Concerning Bond Mutual Fund Volatility Ratings;
Effective Date: December 27, 2005
Posted on: 1/20/2006
06-04 SEC Approves Amendments to NASD Rule 3012 to Require Members Relying on Rule 3012's "Limited Size and Resources" Exception to Notify NASD of their Reliance;
Effective Date: February 14, 2006
Posted on: 1/13/2006
06-03 NASD Provides Guidance Regarding New Rule 2111 Prohibiting Members from Trading Ahead of Customer Market Orders Under Certain Circumstances;
Effective Date: January 9, 2006
Posted on: 1/6/2006
06-02 Broker-Dealer, Investment Adviser Firm, Agent and Investment Adviser Representative Renewals for 2006
Posted on: 1/4/2006
06-01 SEC Approves Immediate Dissemination of Information on TRACE Transactions;
Effective Date: January 9, 2006
Posted on: 1/3/2006
Disciplinary and Other NASD Actions
Posted on: 1/17/2006