Notice to Members 06-57
SEC Approves Exemption to NASD Rule 5100 (Short Sale Rule for Securities Included in the NASDAQ-100 Index)
On October 2, 2006, the Securities and Exchange Commission (SEC) approved an exemption to NASD Rule 5100 (Short Sale Rule) for securities included in the NASDAQ-100 Index.1 Rule 5100, as amended, is set forth in Attachment A of this Notice. The rule becomes effective on October 9, 2006.
Questions regarding this Notice may be directed to the Legal Section, Market Regulation, at (240) 386-5126; or the Office of General Counsel, at (202) 728-8071.
1 See Securities Exchange Act Release No. 54558 (October 2, 2006) (File No. SR-NASD-2006-076). A list of securities included in the NASDAQ-100 Index is available on NASDAQ's Web site: www.nasdaq.com.