SR-NASD-2007-049

Proposed Rule Change to Amend NASD Rule 3013 and Accompanying IM-3013

NASD is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend NASD Rule 3013 and accompanying Interpretive Material 3013 to permit members to designate co-chief executive officers and multiple chief compliance officers to discharge the requirements of those rules.