Notice to Members 06-30

Amendments to the Fee for Extension of Time Requests under Regulation T and SEC Rule 15c3-3

Effective Date: July 1, 2006

On May 15, 2006, NASD filed with the Securities and Exchange Commission (SEC) for immediate effectiveness a rule change to amend Section 8 of Schedule A to NASD's By-Laws to increase the service charge for processing extension requests to $4 per request. Schedule A to NASD's By-Laws, as amended, is set forth in Attachment A of this Notice. The revised fee will be implemented on July 1, 2006.

Questions regarding this Notice may be directed to Susan M. DeMando, Associate Vice President, Financial Operations, at (202) 728-8411; or Kathryn M. Moore, Assistant General Counsel, Office of General Counsel, Regulatory Policy and Oversight, at (202) 974-2974.