2845. Discretionary Accounts
This rule is no longer applicable. NASD Rule 2845 has been superseded by FINRA Rule 2354. Please consult the appropriate FINRA Rule.
Insofar as a member or person associated with a member exercises discretion to trade in index warrants, currency index warrants, or currency warrants in a customer's account, such account shall be subject to the provisions of Rule 2860(b)(18). The term "option" as used therein shall be deemed to include such warrants for purposes of this Rule.
Adopted by SR-NASD-95-37 eff. Sept. 28, 1995.
Selected Notice: 95-82.