Notice to Members 02-10
The NASD Requests Information on Steps that Can be Taken to Streamline NASD Rules
The National Association of Securities Dealers, Inc. (NASD®) is conducting a comprehensive review of its rules to ensure that they are as streamlined as possible, and impose the least burden to accomplish their objectives. One key to the success of the NASD's efforts to modernize its rules will be industry input. Attached is the first in a series of questionnaires designed to collect information that will assist the NASD in assessing the costs and benefits of certain rules. Responses that include specific explanations of the burdens imposed by a rule will be particularly helpful.
Questions concerning this Notice may be directed to Eric J. Moss, Associate General Counsel, Office of General Counsel, NASD Regulation, at (202) 728- 8982.