6900. REPORTING TRANSACTIONS IN DIRECT PARTICIPATION PROGRAMS
This rule is no longer applicable. NASD Rule 6900 has been superseded by FINRA Rules 6640 and 6641. Please consult the appropriate FINRA Rules.
All secondary market transactions by members in Direct Participation Program securities other than transactions executed on a national securities exchange shall be reported to the NASD in accordance with the procedures set forth below. All trade tickets shall be time-stamped at the time of execution.
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Amended by SR-NASD-2005-087 eff. Aug. 1, 2006. Adopted by SR-NASD-96-08, SEC Rel. No. 34-38132 (Jan. 7, 1997); 62 F.R. 2204 (Jan. 15, 1997). |