SR-NASD-2006-005

Proposal to Expand the Scope of Rule 2440 and IM-2440 to Apply to All Securities Transactions with or for a Customer

NASD has filed with the Securities and Exchange Commission ("SEC" or "Commission") a proposed rule change to expand the scope of Rule 2440 and Interpretive Material (IM) 2440 relating to fair prices and commissions to apply to all securities transactions, whether executed over-the-counter ("OTC") or on an exchange.

Text of Proposed Rule Change (PDF 192 KB)
Federal Register Notice (PDF 55 KB)
Response to Comments (PDF 64 KB)
Extension No. 1 (PDF 24 KB)
Extension No. 2 (PDF 24 KB)
Extension No. 3 (PDF 20 KB)
Amendment No. 1 to Proposed Rule Change (PDF 23 KB)
Approval Order (PDF 59 KB)