Government Shutdown Information

IM-11890-1. Refusal to Abide by Rulings

This rule and IM are no longer applicable. NASD Rule 11890, and IM-11890-1, IM-11890-2 have been superseded by FINRA Rule 11890 Series. Please consult the appropriate FINRA Rules.

It shall be considered conduct inconsistent with just and equitable principles of trade for any member to refuse to take any action that is necessary to effectuate a final decision of an NASD officer or the UPC Committee under Rule 11890.
Amended by SR-NASD-2006-104 eff. March 5, 2007.
Amended by SR-NASD-2005-089 eff Oct. 1, 2005.
Renumbered by SR-NASD-2003-80 eff. May 6, 2003.
Adopted by SR-NASD-2002-127 eff. Jan. 27, 2003.

Selected Notice: 03-11.