Notice to Members 97-23

1997 Direct Participation Program Directory

The NASD is publishing a direct participation program (DPP or limited partnership) directory in anticipation of the quotation of DPP securities on the OTC Bulletin Board Service (OTCBB) and the commencement of trade reporting of transactions in DPPs on May 15, 1997. Members should refer to Notice to Members 97-8 for a complete discussion of the procedures for the quotation and transaction reporting of DPPs. (The directory follows this Notice.)