Notice To Members 88-19

IMPORTANT MAIL VOTE

OFFICERS, PARTNERS, PROPRIETORS

TO: All NASD Members

LAST VOTING DATE IS APRIL 10, 1988.

EXECUTIVE SUMMARY

NASD members are invited to vote on a proposed amendment to Article VII, Section l(a) of the NASD By-Laws that would authorize the NASD Board of Governors to require members conducting an interdealer OTC business to report trade data.

The text of the amendment is attached.

BACKGROUND

Notice To Members 88-20

TO: All NASD Members and Other Interested Persons

LAST DATE FOR COMMENT: APRIL 14, 1988.

EXECUTIVE SUMMARY

The NASD requests comments on a proposed amendment to Article III, Section 35 of the NASD Rules of Fair Practice. The amendment would require advertising and sales literature for registered investment company securities to be filed by members with the NASD Advertising Department within 10 days of first use or publication.

Notice To Members 88-21

TO: All NASD Members and Municipal Securities Bank Dealers

ATTN: All Operations Personnel

Securities markets and the NASDAQ System will be closed on Good Friday, April 1, 1988. "Regular way" transactions made on the business days immediately preceding that day will be subject to the following schedule:

Trade Date-Settlement Date Schedule For "Regular Way" Transactions

Trade Date

Notice To Members 88-23

TO: All NASD Members

ATTN: Operations Officer, Cashier, Fail-Control Department

On March 21, 1988, the United States District Court for the Eastern District of Wisconsin appointed a SIPC Trustee for the above member.

Members may use the "immediate close out" procedures as provided in Section 59(i)(2) of the NASD's Uniform Practice Code to close out open OTC contracts.

Questions regarding the firm should be directed to:

SIPC Trustee

Notice To Members 88-26

April 12, 1988

TO: All NASD Members and Other Interested Persons

LAST DATE FOR COMMENT: MAY 12, 1988.

EXECUTIVE SUMMARY

The NASD requests comments on proposed amendments to Appendix A to Article III, Section 30 of the NASD Rules of Fair Practice (Appendix A), which contains the NASD's margin maintenance rules. The proposed amendments will update the NASD's margin maintenance rules to be more responsive to current market and risk concerns.

The text of the proposed amendments is attached.

BACKGROUND

Notice To Members 88-28

TO: All NASD Members and Other Interested Persons

The following are NASD Notices to Members issued during the first quarter of 1988. Requests for copies of any notice should be accompanied by a self-addressed mailing label and directed tos NASD Administrative Services, 1735 K Street, N.W., Washington, D.C. 20006-1506.

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Date

Topic

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