For updates and guidance related to COVID-19 / Coronavirus, click here.
Section 8 — Service Charge for Processing Extension of Time Requests
(a) There shall be a service charge imposed on all members who file with the association a request for an extension of time pursuant to the provisions of Section 220.4(c)(3) of Regulation T and/or paragraph (n) of Rule 15c3-3 under the Act.
(b) The service charge for processing each initial extension of time request and for all subsequent extension of time requests (1) involving the same transaction under Regulation T and/or (2) involving an extension of time previously granted pursuant to SEC Rule 15c3-3(n) shall be $4.00 per request.
|Amended by SR-NASD-2006-063 eff. July 1, 2006.
Amended by SR-NASD-2002-99 eff. Dec. 30, 2002.
Amended by SR-NASD-2002-182 eff. Dec. 24, 2002.
Amended by SR-NASD-2002-98 eff. July 24, 2002.
Amended Oct. 1, 1979 and Sept. 7, 1989.
Schedule A, Sec. 7 added eff. Oct. 1, 1974.