Comments on NASD Notice to Members 06-06

January 30, 2006

 

My concern is this does not seem to address entertainment for customers but
only for employees of customers.  This may result in our having a policy
for employees and none for our actual customers.

 

I think this is still a bit too ambiguous.

 

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Erin McNaughton
Vice President
Private Bank Compliance
Tel 212 464-2028
Fax 212 464-1701