Notice to Members 06-31

NASD Requests Comment on Regulatory Relief that Should Be Granted in Response to a Possible Pandemic or Other Major Business Disruption

Comment Period Expired July 31, 2006
The comment period was extended to September 15, 2006.

NASD recognizes that, in the event of a global pandemic or similar disaster, some level of regulatory flexibility may be necessary to allow firms to best serve investors and maintain market stability. NASD also understands that investor protection is perhaps most critical during times of financial and social stress. To help NASD strike the appropriate balance, we are soliciting comment from members and other interested persons regarding what specific, short-term regulatory relief may be appropriate and consistent with NASD's mission, and what specific conditions may warrant such relief.

As noted above, hard copy comments should be mailed to Barbara Z. Sweeney. Questions concerning this Notice may be directed to Eric Moss, Vice President and Director of Emerging Regulatory Issues, at (202) 728-8982.

The views, expressions, findings and opinions expressed in the comments on this Web page are solely those of the author(s) and FINRA accepts no responsibility for the content of the comments: 
DateCommenterFormat - Size
9/18/2006The Bond Market Association & Securities Industry AssociationPDF - 145.51 KB
7/14/2006PrudentialPDF - 31.45 KB
7/10/2006PrudentialPDF - 29.69 KB
6/29/2006Sanford C. Bernstein & Co., LLCPDF - 32.04 KB
9/16/2006ACLIPDF - 34.3 KB
9/8/2006TBT Securities, L.C.PDF - 32.95 KB
9/15/2006Janney Montgomery Scott, LLCPDF - 38 KB
9/14/2006Dreyfus Service CorporationPDF - 66.27 KB
9/15/2006Financial Services InstitutePDF - 61.82 KB