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11160. "Ex" Liquidating Payments
This rule is no longer applicable. NASD Rule 11000 Series has been superseded by FINRA Rule 11000 Series. Please consult the appropriate FINRA Rule.
All transactions except "cash" transactions in stocks, bonds or similar evidences of indebtedness shall be "ex" liquidating payments or payments on account of principal in accordance with the formula set forth in Rules 11140 and 11150.
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Amended by SR-NASD-91-13 eff. Nov. 1, 1991. Selected Notice: 91-63. |