Notice to Members 96-26

SEC Approves Schedule C Changes Regarding Use Of The Modified Series 7 To Qualify Canadian Registrants

Published Date:

Effective Date: April 15, 1996

Executive Summary

The Securities and Exchange Commission (SEC) approved, effective February 9, 1996, an amendment to Schedule C of the NASD By-Laws that allows persons registered with Canadian securities regulatory organizations to qualify as general securities representatives by passing a modified General Securities Representative Examination (Series 7). The NASD has filed with the SEC a similar amendment to Schedule C for persons registered with the Japan Securities Dealers Association.

Study outlines for the Series 37, 38, and 47 are available from the NASD MediaSourceSM at (240) 386-4200.

Questions relating to the content of the Series 37, 38, 47, and registration and examination scheduling should be referred to the NASD Qualifications Department, at (240) 386-4679.