Notice to Members 00-45

NASD Announces Changes to SEC Rule 15c3-3 Extension Request Reason Codes

Effective Date: July 10, 2000
Correction - On page 1, the second paragraph under subhead Key Features should read: Under SEC Rule 15c3-3 Rule Type d2, d3 and h, the entry of either Issue Symbol or CUSIP will be required.

The National Association of Securities Dealers, Inc. (NASD®) is enhancing its Extension Request Reason Codes regarding Securities and Exchange Commission (SEC) Rule 15c3-3 (the Rule). The changes to the reason codes will allow firms to request extensions of time pursuant to paragraphs (d)(2), (d)(3), and (h) of the Rule. The changes will take effect on July 10, 2000.

Questions regarding this Notice to Members may be directed to Susan DeMando, Director, Member Regulation, NASD Regulation, Inc. (NASD RegulationSM) at (202) 728-8411.