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2770. Disclosure of Price in Selling Agreements
This rule is no longer applicable. NASD Rule 2770 has been superseded by FINRA Rule 5160. Please consult the appropriate FINRA Rule.
Selling syndicate agreements or selling group agreements shall set forth the price at which the securities are to be sold to the public or the formula by which such price can be ascertained, and shall state clearly to whom and under what circumstances concessions, if any, may be allowed.