Comments on NASD Notice to Members 05-25

In my opinion, filing and pre-review of broadcast advertisements by NASD
will be a very important tool in affirmatively preventing
misrepresentations being made in the course of broadcast ads.  I believe
this to be a significant problem, and any rules, such as this one, that
are designed to address the problem, are highly needed and welcomed. 
Pre-review of advertisements is already being done, extensively, by
several state bar associations and has worked well, in those
jurisdictions, to reduce abuse of attorney advertising.  I believe it
can serve the same function within the securities industry.

 

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A.B. Goodman Law Firm, Ltd.
Avery B. Goodman, Esq.
419 Canyon Avenue, Suite 300
Fort Collins, CO 80521
Phone:   (970) 482-2186
Fax:       (303) 474-3745