SR-NASD-2005-146

Proposed Rule Change to Expand the Scope of IM-2110-2 (the "Manning Rule")

NASD has filed with the Securities and Exchange Commission ("SEC" or "Commission") a proposed rule change to expand the scope of Interpretive Material (IM) 2110-2 (the "Manning Rule") relating to trading ahead of customer limit orders to apply to all over-the-counter ("OTC") equity securities.