Proposed Change to NASD Membership and Registration, Investigation and Sanctions, Conduct and Code of Procedure Rules
NASDR has filed with the SEC a proposed rule change to amend Rules 0120, 2210, 2220, 2320, 8210, the Rule 8220 Series, IM-8310-2, 9212, 9215, 9241, 9269, 9270, 9312, 9346, 9360, the Rule 9500 Series, and 9610 of the National Association of Securities Dealers, Inc. to permit the Department of Enforcement to amend complaints, without Hearing Officer approval, prior to the filing of responsive pleadings; to clarify and consolidate default provisions and shorten the call period for default decisions to 25 days; to require the Office of the General Counsel to issue decisions, in settled cases; to change the trigger date for which the timing of motions to introduce new evidence is keyed; to permit Advertising Department staff to impose advertising pre-use filing requirements on members; to consolidate procedures for cancellation or suspension for failure to provide requested information; to simplify and expedite certain non-summary procedures in Rule 9500 series; and for other purposes. Below is the text of the proposed rule change. NASD Regulation is also filing, concurrently, related proposed changes in file No. SR-98-57.
Note: This rule filing was amended only three times. There are no amendment numbers 2, 3, or 4.
|Title||Format - Size||Status|
|Text of Proposed Rule Change||PDF - 112.84 KB|
|Amendment No. 1 to Proposed Rule Change||PDF - 91.51 KB|
|Amendment No. 5 to Proposed Rule Change||PDF - 11.54 KB|
|Amendment No. 6 to Proposed Rule Change (in conjunction with SR-NASD-98-58)||PDF - 4.45 KB|
|Extension Letter (in conjunction with SR-NASD-98-58)||PDF - 2.63 KB|
|Extension No. 2||PDF - 2.63 KB|
|Third Extension Letter (in conjunction with SR-NASD-98-58)||PDF - 2.56 KB|
|Federal Register Notice||PDF - 85.1 KB|
|Approval Order||PDF - 57.3 KB|