Rule 410. Records of Orders
This rule is no longer applicable. Incorporated NYSE Rule 410 has been superseded by FINRA Rule 4510 Series. Please consult the appropriate FINRA Rule.
Before any order covered by (1) or (2) above is executed, there must be placed upon the order slip or other similar record of the member or member organization the name or designation of the account for which such order is to be executed. No change in such account name (including related accounts) or designation (including error accounts) shall be made unless the change has been authorized by a member, principal executive or a person or persons designated under the provisions of Rule 342(b)(1). Such person must, prior to giving his or her approval of the account designation change, be personally informed of the essential facts relative thereto and indicate his or her approval of such change in writing on the order or other similar record of the member or member organization. The essential facts relied upon by the person approving the change must be documented in writing and maintained with the order or other similar record for at least three years, the first two in an easily accessible place as that term is used in Securities Exchange Act Rule 17a-4.
Exceptions
Under exceptional circumstances, the Exchange may upon written request waive the requirements contained in (1), (2) and (3) above.
(See also Rules 112A.10 and 123A.45.)
• • • Supplementary Material: --------------
Amendments. June 19, 1969. October 16, 1969, effective November 3, 1969. February 1, 1973. April 3, 1975; effective May 1, 1975. August 26, 1976. August 16, 1978. February 1, 1979. May 24, 1991. June 17, 2004 (Effective December 17, 2004) (SR-NYSE-2002-36). Amended by SR-FINRA-2008-036 eff. Nov. 11, 2008. Selected Notice: 08-64. |