Proposed Amendment to Rule 11810(i) to Mandate Use of Automated Liability Notification System of Registered Clearing Firm

NASD is filing with the Securities and Exchange Commission ("SEC" or "Commission") a proposed rule change to amend NASD Rule 11810(i) to mandate the use of the automated liability notification system of a registered clearing agency when issuing liability notices in connection with certain securities transactions, provided both parties to the contract are participants in a registered clearing agency that has such an automated system.

TitleFormat - SizeStatus
Text of Proposed Rule ChangePDF - 63.66 KB
Federal Register NoticePDF - 59.31 KB
Approval OrderPDF - 60.38 KB