Proposed Rule Relating to Books and Records

NASDR has filed with the SEC a proposed rule change to amend Rule 3110 (the "Books and Records Rule") of the Conduct Rules of the National Association of Securities Dealers, Inc. to: (1) change the definition of "institutional account" to include the accounts of investment advisers that, under the National Securities Markets Improvement Act of 1996 and new rules adopted by the SEC, are now required to register with the states; and (2) exclude certain customer accounts from the requirement to obtain certain tax and employment information from the customer.

TitleFormat - SizeStatus
Text of Proposed Rule ChangePDF - 39.22 KB
Amendment No. 1 to Proposed Rule ChangePDF - 5.01 KB
Approval OrderPDF - 34.1 KB