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Interpretive Letter
All interpretive positions are staff position, unless otherwise indicated. Staff-issued interpretive letters express staff views and opinions only and are not binding on FINRA and its Board; any representation to the contrary is expressly disclaimed.
The letters provide general guidance on the staff's views as to the application of particular NASD rules under specific circumstance.
Members, associated persons, and their counsel should consider seeking further guidance regarding their own unique circumstances.
| Date | Title | Related Rule | Core Topic |
|---|---|---|---|
| Sep 15, 1994 | Interpretive Letter to Name Not Public | NASD Rule 3030 - Outside Business Activities of an Association Person | |
| Aug 05, 1994 | Interpretive Letter to Name Not Public | NASD Rule 3040 - Private Securities Transactions of an Associated Person | |
| May 18, 1993 | Interpretive Letter to Name Not Public | NASD Rule 2310 - Recommendations to Customers (Suitability) | |
| Feb 24, 1993 | Interpretive Letter to Name Not Public | NASD Rule 2860 - Options | |
| Nov 13, 1990 | Interpretive Letter to Name Not Public | NASD Rule 2310 - Recommendations to Customers (Suitability) | |
| Dec 22, 1988 | Interpretive Letter to Name Not Public | NASD Rule 2740 - Selling Concessions, Discounts, and Other Allowances |