NASD Notice to Members 06-13

Validation of Electronic Blue Sheet Systems: Intermarket Surveillance Group Requires Validation by March 31, 2006

Executive Summary

This Notice to Members reminds member firms that by March 31, 2006, they must complete validation of certain data fields that firms submit to the Electronic Blue Sheet (EBS) System, as directed in Notice to Members 05-58. If firms find any inconsistencies with overall EBS standards, this Notice advises them of deadlines for remediation of these inconsistencies.