SR-NASD-2006-127

Proposed Rule Change to Adopt New NASD Rule 7000C Series Relating to Fees and Credits for the NASD/NSX Trade Reporting Facility

NASD is filing with the Securities and Exchange Commission ("SEC" or "Commission") this proposed rule change to adopt a new NASD Rule 7000C Series relating to fees and credits for the Trade Reporting Facility (the "NASD/NSX TRF") established by NASD and the National Stock Exchange ("NSX").