9870. Application to Commission for Review
This rule is no longer applicable. NASD Rule 9870 has been superseded by FINRA Rule 9870. Please consult the appropriate FINRA Rule.
Temporary cease and desist orders issued pursuant to this Rule Series constitute final and immediately effective disciplinary sanctions imposed by the Association. The right to have any action under this Rule Series reviewed by the Commission is governed by Section 19 of the Exchange Act. The filing of an application for review shall not stay the effectiveness of the temporary cease and desist order, unless the Commission otherwise orders.
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Adopted by SR-NASD-98-80 eff. June 23, 2003. Selected Notice: 03-35. |