NASD Notice to Members 97-52 - August 1997

SEC Approves Amendments Relating to Market Maker Registration and Primary Market Maker Eligibility by Managers and Co-Managers of Secondary Offerings Executive Summary

Executive Summary

On June 27, 1997, the Securities and Exchange Commission (SEC) approved amendments to NASD® Rules 4611(d) and 4612(g) with regard to market maker registration and Primary Market Maker (PMM) eligibility by managers and co-managers of secondary offerings.