Notice to Members 01-56

Notice Of Meeting and Proxy

(Note: Voting is conducted by NASD member Executive Representatives only through specific voting instructions and proxy cards distributed by mail with print version of this Notice.)

The Annual Meeting of Members of the National Association of Securities Dealers, Inc. (NASD®) will be held on September 13, 2001, at 10:00 a.m., at the Loews L´Enfant Plaza Hotel, 480 L´Enfant Plaza, SW, in Washington, DC. The purpose of the meeting is to conduct the election of Governors to the NASD Board. Members can raise other topics for discussion by properly notifying the NASD of these topics. The record date for the Annual Meeting is the close of business on August 9, 2001.

Questions concerning this may be directed to:

Barbara Z. Sweeney
Senior Vice President and Corporate Secretary
National Association of Securities Dealers, Inc.
1735 K Street, NW
Washington, DC 20006-1500
(202) 728-8062