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Notice To Members 95-9

Effective Date: May 1, 1995

SUGGESTED ROUTING

Legal & Compliance
Operations
Registration
Training

The Securities and Exchange Commission has recently approved revisions to several NASD qualification examinations. These changes become effective May 1, 1995. The revised examinations include the following.

Notice To Members 95-12

SUGGESTED ROUTING

Senior Management
Corporate Finance
Institutional
Legal & Compliance
Municipal
Operations
Systems
Trading

As of January 30, 1995, the following bonds were added to the Fixed Income Pricing System (FIPSSM). These bonds are not subject to mandatory quotation:

Notice To Members 95-17

SUGGESTED ROUTING

Internal Audit
Legal & Compliance
Municipal
Operations
Syndicate
Systems
Trading

The Nasdaq Stock MarketSM and the securities exchanges will be closed on Good Friday, April 14, 1995. "Regular way" transactions made on the business days noted below will be subject to the following schedule: