Notice to Members 96-25

SEC Approves NASD Manual Revisions; Publication Scheduled for May

In mid-January, the Securities and Exchange Commission (SEC) approved a revised NASD Manual. To facilitate your adjustment to this new Manual, which is scheduled for publication and dissemination this May, we have included a Guide to the Manual: New-to-Old Conversion Chart and Old-to-New Conversion Chart. This material outlines the reorganized Manual and indicates where the relocated material appeared in the old Manual.

Please direct your questions or concerns about these changes to T. Grant Callery, Vice President and General Counsel, Office of the General Counsel, at (202) 728-8285, or Joan C. Conley, Corporate Secretary, at (202) 728-8381.