SR-NASD-1999-004
Microcap Initiative - Proposed Recommendation Rule
NASDR is filing with the SEC a proposed rule change to adopt new NASD Rule 2315, which requires members to review current issuer information prior to recommending a transaction to a customer in an over-the-counter ("OTC") equity security. Additionally, the proposed rule change would amend NASD Rule 6740 to permit members to submit a certification to the Association that states that the member has conducted a review of specified information and has fulfilled its SEC Rule 15c2-11 obligations for documents that currently reside on the SEC's Electronic Data Gathering and Retrieval System ("EDGAR") database.
*Excluding Exhibits 2-4
| Title | Format - Size | Status |
|---|---|---|
| Text of proposed rule change* | PDF - 128.32 KB | |
| Federal Register Notice | PDF - 43.23 KB | |
| Extension Letter | PDF - 2.13 KB | |
| Extension No. 2 | PDF - 2.32 KB | |
| Third Extension Letter | PDF - 2.33 KB | |
| Extension No. 4 | PDF - 2.31 KB | |
| Extension No. 5 | PDF - 4.75 KB | |
| Extension No. 6 | PDF - 4.76 KB | |
| Extension No. 7 | PDF - 10.5 KB | |
| Amendment No. 1 to Proposed Rule Change | PDF - 68.13 KB | |
| Federal Register Notice of Filing of Amendment No. 1 | PDF - 60.2 KB | |
| Eighth Extension Letter | PDF - 7.67 KB | |
| Amendment No. 2 to Proposed Rule Change | PDF - 8.22 KB | |
| Approval Order | PDF - 49.53 KB | |
| Correction to Approval Order | PDF - 19.25 KB |