Proposed Rule Change Relating to an Exemption from the Short Sale Rule for Riskless Principal Transactions

This filing has been withdrawn.


NASD, through its subsidiary, The Nasdaq Stock Market, Inc. (“Nasdaq”), is filing with the Securities and Exchange Commission (“Commission”) a proposed rule change to exempt from NASD Rule 3350, the short sale rule, sales in Nasdaq National Market (“NNM”) securities reported to the Nasdaq Market Center trade reporting service comprising the “riskless” portion of a riskless principal transaction.