Notice to Members 01-45
NASD Regulation Requests Comment On Proposed Amendments To Rule 2210, Communications With The Public
NASD Regulation, Inc. (NASD RegulationSM) requests comment from National Association of Securities Dealers, Inc. (NASD®) members, investors, and other interested parties on a proposed amendment to NASD Rule 2210, Communications with the Public, that would strengthen disclosures required when a member recommends a security in written advertisements and sales literature. The proposed amendment also would require, for the first time, similar disclosures for recommendations made by a research analyst or other associated person during a public appearance. The proposal would define public appearance to include radio or television interviews, seminars, and interactive electronic forums.
Questions concerning this Notice to MembersRequest For Comment may be directed to Thomas M. Selman, Senior Vice President, Investment Companies/Corporate Financing, at (240) 386-4533; Joseph P. Savage, Counsel, Investment Companies Regulation, at (240) 386-4534; or Philip Shaikun, Assistant General Counsel, Office of General Counsel, NASD Regulation, at (202) 728-8071.