Interpretive Letters

 
Interpretive letters provide guidance on the staff's views as to the application of particular FINRA rules under specific circumstances. Members, associated persons, and their counsel should consider seeking further guidance regarding their own unique circumstances.

Date Title Related Rule Core Topic
Nov 13, 2002 Interpretive Letter to Danny Ho, Commerzbank Securities NASD Rule 6200 Series - Trade Reporting and Compliance Engine (TRACE)
Nov 04, 2002 Interpretive Letter to Donna B. Lawson, First Allied Securities, Inc. NASD Rule 3040 - Private Securities Transactions of an Associated Person
Oct 29, 2002 Interpretive Letter to Kathleen H. Moriarty, Esq., Carter, Ledyard & Milburn NASD Rule 2830 - Investment Company Securities
Oct 14, 2002 Interpretive Letter to Janet Gallo, Acacia Life Insurance Company NASD Rule 2820 - Variable Contracts of an Insurance Company
Sep 30, 2002 Interpretive Letter to Susan S. Krawczyk, Esq., Sutherland Asbill & Brennan LLP NASD Rule 2210 - Communications with the Public
Aug 19, 2002 Interpretive Letter to Howard L. Kramer, Schiff Hardin & Waite NASD Rule 2320 - Best Execution and Interpositioning
Jun 04, 2002 Interpretive Letter to Selwyn Notelovitz, Global Compliance NASD Rule 3110 - Books and Records
Mar 01, 2002 Interpretive Letter to Frank Almeida, Quality of Life Settlements NASD Rule 3030 - Outside Business Activities of an Association Person
Feb 26, 2002 Interpretive Letter to Christian M. Camerino, ABN AMRO Securities, LLC NASD Rules 6950-6957 (OATS)
Feb 04, 2002 Interpretive Letter to Ted. A. Troutman, Esquire, Muir & Troutman NASD IM-2420-2 - Continuing Commissions Policy
Jan 28, 2002 Interpretive Letter to Forrest R. Foss, T. Rowe Price Associates, Inc. NASD Rule 2210 - Communications with the Public Templates, Advertising Regulation, Books and Records
Jan 02, 2002 Interpretive Letter to Name Not Public NASD Rule 3070 - Reporting Requirements
Dec 06, 2001 Interpretive Letter to Sheryl Anne Zuckerman, Esq., Singer Frumento LLP NASD Rule 3030 - Outside Business Activities of an Association Person
Nov 26, 2001 Interpretive Letter to Name Not Public NASD Rule 3010 - Supervision Advertising Regulation, Supervision, Qualification Exams
Oct 15, 2001 Interpretive Letter to Mark W. Bolle, Raymond James Financial Services, Inc. NASD Rule 11200 Series
Oct 02, 2001 Interpretive Letter to Kevin L. Palmer, WMA Securities, Inc. NASD Rule 1120 - Continuing Education Requirements Continuing Education, Qualification Exams
Sep 27, 2001 Interpretive Letter to Elliott R. Curzon, Esq., Dechert Price & Rhoads NASD Rule 1030 Series - Registration of Representatives Qualification Exams
Sep 25, 2001 Interpretive Letter to David A. Genelly, Esq., Vanasco Genelly & MIller NASD Rule 1030 Series - Registration of Representatives Qualification Exams
Sep 06, 2001 Interpretive Letter to Mr. Alan E. Sorcher, Securities Industry Association & Ms. Sarah A. Miller, ABA Securities Association NASD Rule 1070 - Qualification Examinations and Waiver of Requirements Qualification Exams
Sep 05, 2001 Interpretive Letter to Donald H. Meiers, Holland & Knight, LLP NASD Rule 2320 - Best Execution and Interpositioning
Aug 09, 2001 Interpretive Letter to Joe Tully, Commonwealth Financial Network NASD IM-2420-2 - Continuing Commissions Policy
Aug 07, 2001 Interpretive Letter to Bob E. Lehman, Esq., Lehman & Eilen LLP NASD Rule 3230 - Clearing Agreements
Aug 07, 2001 Interpretive Letter to Name Not Public Article V, Section 2 - Application for Registration
Aug 02, 2001 Interpretive Letter to Conrad C. Lysiak, Esq., Metropolitan Financial Center NASD Rule 8300 Series - Sanctions
Jul 18, 2001 Interpretive Letter to Joe Morkos-Doueihi, J.P. Morgan Securities, Inc. NASD Rule 1100 - Foreign Associates