9860. Violation of Temporary Cease and Desist Orders
This rule is no longer applicable. NASD Rule 9860 has been superseded by FINRA Rule 9860. Please consult the appropriate FINRA Rule.
A Respondent who violates a temporary cease and desist order imposed under this Rule Series may have its association or membership suspended or canceled under Rule 9556. NASD's Chairman and CEO or NASD's Senior Executive Vice President for Regulatory Policy and Programs must authorize the initiation of any such proceeding in writing.
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Amended by SR-NASD-2007-033 eff. June 23, 2007. Amended by SR-NASD-2005-061 eff. May 11, 2005. Adopted by SR-NASD-98-80 eff. June 23, 2003. Selected Notice: 03-35. |