Amendments to Alternative Display Facility Rules to Require Advance Written Notice of Denial of Direct or Indirect Electronic Access

NASD has filed with the SEC a proposed rule change to amend NASD Rule 4300A to require an Alternative Display Facility ("ADF") Market Participant to provide advance written notice to NASD’s Alternative Display Facility Market Operations ("ADF Market Operations") before denying electronic access to its ADF quote to any NASD member in the limited circumstances where a broker/dealer fails to pay contractually obligated costs for access to the Market Participant’s quotations.

TitleFormat - SizeStatus
Text of Proposed Rule ChangePDF - 32.67 KB
Amendment No. 1 to Proposed Rule ChangePDF - 33.44 KB
Amendment No. 2 to Proposed Rule ChangePDF - 25.17 KB
Federal Register NoticePDF - 42.65 KB
Approval OrderPDF - 62.42 KB