NASD Notice to Members 06-35 - July 2006

Revisions to the Series 22, 27, 28, 39 and 55 Examination Programs; Implementation Date: August 15, 2006

Executive Summary

NASD has revised the following examination programs:

  • Limited Representative - Direct Participation Programs (Series 22);
  • Limited Principal - Financial and Operations (Series 27);
  • Limited Principal - Introducing Broker-Dealer Financial and Operations (Series 28);
  • Limited Principal - Direct Participation Programs (Series 39); and
  • Limited Representative - Equity Trader (Series 55).1

The changes are reflected in study outlines that are available on the NASD Web site (www.finra.org/brokerqualifications). The changes will appear in examinations administered starting on August 15, 2006.

 

Questions concerning this Notice may be directed to Carole Hartzog, Senior Qualifications Specialist, NASD Testing and Continuing Education Department (TCE), at (240) 386-4678; Elaine Warren, Lead Analyst, TCE, at (240) 386-4679; Eva Cichy, Senior Qualifications Analyst, TCE, at (240) 386-4680; or Karen Bescher, Senior Qualifications Analyst, TCE, at (240) 386-4677.

 

1 See File Nos. SR-NASD-2006-082 (Proposed Rule Change Relating to Revisions to the Series 22 Examination Program); SR-NASD-2006-083 (Proposed Rule Change Relating to Revisions to the Series 27 Examination Program); SR-NASD-2006-084 (Proposed Rule Change Relating to Revisions to the Series 28 Examination Program); SR-NASD-2006-085 (Proposed Rule Change Relating to Revisions to the Series 39 Examination Program); and SR-NASD-2006-086 (Proposed Rule Change Relating to Revisions to the Series 55 Examination Program). These rule filings were filed with the SEC for immediate effectiveness on July 14, 2006.