NASD Regulation, Inc., has filed with the SEC a proposed rule change to adopt new Rule 3011. As further discussed below, the USA PATRIOT Act requires financial institutions, including broker/dealers, by April 24, 2002, to establish and implement anti-money laundering compliance programs designed to ensure ongoing compliance with the requirements of the Bank Secrecy Act and the regulations
The FINRA Entitlement Program provides a secure way to access participating Web-based systems with a shared entitlement service.
NASDR has filed with the SEC a proposed rule change to amend NASD Rule 3370 to permit the use of a "Hard to Borrow" list to comply with the affirmative determination requirement for short sales.
NASDR has filed with the SEC a proposed rule change to create Rule 2790, Trading in Hot Equity Offerings, to replace the Free-Riding and Withholding Interpretation, IM-2110-1. In addition, there are a number of technical amendments to other NASD rules that refer to IM-2110-1.
NASDR has filed with the SEC a proposed rule change to Interpretive Memorandum 2830-1 of the NASD regarding mutual fund breakpoint sales to clarify its application to modern portfolio investment strategies.
