Chief Executive Officer and Chief Compliance Officer Certification Proposal
NASD has filed with the SEC a proposed rule change to establish NASD Rule 3013 and accompanying Interpretive Material ("IM") 3013 to require each member to designate a chief compliance officer ("CCO") and further require the member’s chief executive officer ("CEO") and CCO to certify annually to having in place a process to establish, maintain, review, modify, and test policies and procedures reasonably designed to achieve compliance with applicable NASD rules, MSRB rules and the federal securities laws.
| Text of Proposed Rule Change | (PDF 60 KB) |
| Federal Register Notice | (PDF 50 KB) |
| Federal Register Notice of Designation of Longer Period for Commission Action and Extension of Comment Period | (PDF 34 KB) |
| Response to Comments and Amendment No. 1 | (PDF 29 KB) |
| Amendment No. 2 to Proposed Rule Change | (PDF 16 KB) |
| Notice of Filing of Amendment No. 2 to Proposed Rule Change | (PDF 16 KB) |
| Exhibit 3 | (PDF 33 KB) |
| Exhibit 4 | (PDF 36 KB) |
