SR-FINRA-2007-039
Proposed Rule Change to Establish an Exemption for Certain Regulation NMS-Compliant Intermarket Sweep Orders from the Requirements in IM-2110-2 and Rule 2111
Financial Industry Regulatory Authority, Inc. ("FINRA") (f/k/a National Association of Securities Dealers, Inc. ("NASD")) is filing with the Securities and Exchange Commission ("SEC" or "Commission") a proposed rule change to amend NASD Interpretive Material (IM) 2110-2 (Trading Ahead of Customer Limit Order) and NASD Rule 2111 (Trading Ahead of Customer Market Orders) to establish an exemption for certain proprietary trades that are a result of intermarket sweep orders ("ISOs").
| Title | Format - Size | Status |
|---|---|---|
| Text of Proposed Rule Change | PDF - 61.94 KB | |
| Amendment No. 1 to Proposed Rule Change | PDF - 30.46 KB | |
| Federal Register Notice | PDF - 65.15 KB | |
| Response to Comments | PDF - 69.8 KB | |
| Extension No. 1 | PDF - 19.46 KB | |
| Amendment No. 2 to Proposed Rule Change | PDF - 27.81 KB | |
| Approval Order | PDF - 62.9 KB |