NASD Notice to Members 00-15 - March 2000

SEC Approves Rule Change Relating to Filing Requirements for Independently Prepared Research Reports

Executive Summary

On January 13, 2000, the Securities and Exchange Commission (SEC) approved amendments to National Association of Securities Dealers, Inc. (NASD®) Rule 2210, which governs member communications with the public. The amendments exempt from Rule 2210’s filing requirements certain types of independently prepared research reports concerning investment companies. The amendments become effective on April 1, 2000.


Questions concerning this Notice may be directed to Thomas M. Selman, Vice President, Investment Companies/Corporate Financing, NASD Regulation, Inc. (NASD RegulationSM) at (240) 386-4533; Thomas A. Pappas, Director, Advertising/Investment Companies Regulation, NASD Regulation, at (202) 728- 8453; or Joseph P. Savage, Counsel, Advertising/Investment Companies Regulation, NASD Regulation, at (202) 728-8233.