SR-NASD-2003-109

Proposed Rule Change to Section 4 of Schedule A to the NASD By-Laws

NASD has filed with the SEC a proposed rule change to amend Section 4(b) of Schedule A to the NASD By-Laws (hereinafter referred to as "Section 4(b)") to: (1) increase the $10.00 charge for each set of fingerprints submitted by a member to NASD for processing to $13.00; and (2) establish a $13.00 charge to be paid to NASD for posting each set of fingerprint results processed by another self-regulatory organization ("SRO") on the Central Registration Depository ("CRD" or "Web CRD").