Notice to Members 98-53

Members Reminded to Report Executive Representative and Address Changes

The Office of the Corporate Secretary would like to remind members of the importance of keeping the names of Executive Representatives, as well as mailing addresses for branch offices, up-to-date. Making certain that the Central Registration Depository (CRDSM) is updated with changes in address and contact people, ensures that regular Notices and special mailings will be directed properly.The National Association of Securities Dealers, Inc. (NASD®) By-Laws require each member to appoint and certify to the NASD one “executive representative.” The Executive Representative of your firm must be a registered principal and a senior manager within the firm. The individual designated as the Executive Representative will represent, vote, and act in all NASD affairs.