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6953. Synchronization of Member Business Clocks

This rule is no longer applicable. NASD Rule 6953 has been superseded by FINRA Rule 7430. Please consult the appropriate FINRA Rule.

Each member shall synchronize its business clocks that are used for purposes of recording the date and time of any event that must be recorded pursuant to the By-Laws or other rules of the Association, with reference to a time source as designated by the Association, and shall maintain the synchronization of such business clocks in conformity with such procedures as are prescribed by the Association.
Adopted by SR-NASD-97-56 eff. according to schedule in Rule 6957.

Selected Notice: 98-33.