NASD Creates Two New Exams—Equity Trading And Government Securities
The NASD® Board of Governors has approved the creation of two new qualification exams for securities industry personnel. The new exams, one for Equity Securities Traders and the other for Government Securities Representatives, join an existing battery of tests that NASD Regulation, Inc. (NASD RegulationSM) administers to qualify
Participating members, as defined in Rule 5110, must comply with amended Rule 5110, beginning on September 16, 2020 (the Implementation Date).1 The amended Rule will apply notwithstanding when the offering was filed or declared effective or when a participating member received a No Objections Letter.
INFORMATIONAL
Margin Requirements
Effective Date: August 21, 2000
SUGGESTED ROUTING
KEY TOPICS
Executive Representatives
Institutional
Legal & Compliance
Operations
Options
Systems
Margin
NASD Rule 2520
Options
Executive Summary
On May 30, 2000, the
I shouldn't have to go through any special process like passing a test before I can invest in any public security, I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me. >90% of investors lean on the advice of an investment advisor, make those who sell investments pass investment risk knowledge tests, this is
FINRA, I should be able to choose the investments appropriate for me including leveraged and inverse funds if I so choose. There should not be special tests imposed to buy these. If you wish to require that brokers issues warnings about risks at the time of purchase, which the buyer must acknowledge, that is okay, but there should not be special processes or tests. I use inverse and sometimes
I am fully capable of decision making and I should have the right and the freedom to choose my own investments leveraged, inverse, or non leveraged, or non inversed. Leveraged and inverse funds are important to my investment strategies. Public investment instruments should be available to everyone, not just the privileged few. I do not need testing measures imposed on me. There should be no
I OPOSE RESTRICTIONS ON MY RIGHT TO INVEST IN WHATEVER I FEEL IS NEST FOR MY FUTURE AND THOSE OF MY FAMILY AND THOSE IN THE FUTURE. THERE SHOULD NEVER BE ANY KIND OF TEST FOR US OR ANYONE OF US NOT INVOLVED IN ANY GOVERNMENT POSITION TO TAKE ANY TYPE OF STUPID TEST. NPNE OF YOU GOVERNMENT PEOPLE TOOK ONE. AND ALL YOU GUILTY PEOPLE OF INSIDER TRADING SHOULD BE FIRED. STOP TRYING TO OUR FREEDOMS
SUGGESTED ROUTING
Senior Management
Corporate Finance
Institutional
Legal & Compliance
Operations
Systems
Trading
As of July 27, 1995, the following 72 issues joined the Nasdaq National Market, bringing the total number of issues to 3,829:
Symbol
Company
SOES Entry Date
Execution Level
BRGP
Business Resource Group
6/28/95
500
NERAY
Nera AS (ADR)
6/28/95
December 4, 2000Section 4.1.4.3 of the OATS Reporting Technical Specifications, entitled "Order Routing to a Nasdaq Execution System," describes the requirements for recording and reporting the routing of orders to SOES and SelectNet. NASD Regulation would like to reiterate two requirements in this section.First, Section 4.1.4.3 requires that members must report "…the MPID of the
SUGGESTED ROUTING:*
Internal AuditOperationsSystemsTrading*These are suggested departments only. Others may be appropriate for your firm.
As of October 26, 1992, the following 47 issues joined the Nasdaq National Market, bringing the total number of issues to 2,947:
Symbol
Company
Entry Date
SOES Execution Level
FMDD
F & M Distributors, Inc.
9/25/92
500
USML
