NASD has filed with the SEC a proposed rule change to NASD Rule 2330(e) to clarify that members and their associated persons are prohibited from guaranteeing any customer against loss in connection with any securities transaction or in any securities account of such customer. In addition, NASD is proposing that associated persons obtain written authorization from their employing member firm and
NASD Regulation, Inc., has filed with the SEC a proposed rule change to make certain changes to the NASDR By-Laws in order to conform the NASD Regulation, Inc. By-Laws to the NASD By-Laws and to increase the maximum size of the NASD Regulation Board. As such, the proposed rule change is immediately effective pursuant to Section 19(b)(3)(A) of the Act.
November 2, 1999
Submitting ROEs via the OATS Web interface is a two-step process of creating, repairing, or correcting the ROE, and then sending it to OATS. Some Order Sending Organizations have been neglecting the second step of actually sending the order data to OATS. Use the following procedure to send order data to OATS after you create or repair them via the OATS Web interface:
Click
FINRA is providing the following schedule to assist member firms and reduce the number of Federal Reserve Board Regulation T and Securities Exchange Act Regulation 15c3-3 extensions denied around holidays. "Regular way" transactions made on the business days noted below will be subject to the following schedule.
Questions regarding this Notice should be directed to
Debra German,
NASD has filed with the SEC a proposed rule change to amend: (1) Rule 6250 to provide for the dissemination of transaction information on additional Investment Grade TRACE-eligible securities under the Rule 6200 Series (also known as the Trade Reporting and Compliance Engine ("TRACE") Rules); (2) Rule 6230 and Rule 9610(a) to provide NASD staff the authority to grant exemptive relief
NASD Regulation, Inc., has filed with the SEC a proposed rule change to amend NASD Rule 2260 to require a broker-dealer to make reasonable efforts to forward a communication from an issuer or a trustee regarding a debt security to the beneficial owner of such security. The proposed rule change would also clarify IM-2260 (Suggested Rate of Reimbursement) to reflect that, in forwarding proxies and
February 1, 2001The first quarter 2001 software release for OATS contains two enhancements that will significantly affect NASD member firms, service bureaus, and clearing firms.The first enhancement is to empower member firms with the ability to control who submits order data on their behalf. OATS will give member firms the ability to set up reporting relationships with their Order Sending
NASD Regulation, Inc., has filed with the SEC a proposed rule change to amend NASD Rule 3370(b)(2)(A) and the corresponding recordkeeping requirements under Rule 3370(b)(4)(B) (the "Affirmative Determination Requirements”) to require that, prior to accepting a short sale order from a broker/dealer that is not an NASD member ("non-member broker/dealer”), a member must make an affirmative
The NASD, through its wholly-owned subsidiary NASD Regulation, Inc., is filing with the SEC proposed rule changes to Rules 2710 and 2830 of the Conduct Rules of the Association.
