NASDR has filed with the SEC a proposed rule change to amend Rule 3110 (the "Books and Records Rule") of the Conduct Rules of the National Association of Securities Dealers, Inc. to: (1) change the definition of "institutional account" to include the accounts of investment advisers that, under the National Securities Markets Improvement Act of 1996 and new rules adopted by the
NASD has filed with the SEC proposed amendments to Rule 1120. Rule 1120 provides for a continuing education program for certain persons registered with the NASD. The proposed amendments would allow for NASD Regulation to require new programs as appropriate with customized training for various registration categories, with a supervisor's program being the first initiative.
NASDR has filed with the SEC a proposed rule change to amend Rule 10314 of the Code of Arbitration Procedure of the National Association of Securities Dealers, Inc. to extend the time to answer an arbitration claim from 20 business days to 45 calendar days and to eliminate extensions of time to answer except in extraordinary circumstances.
NASDR has filed with the SEC a proposed rule change to National Association of Securities Dealers, Inc. Rules 3010 and 3110 to postpone the effective date of recently-approved amendments to these rules. The amendments allow firms to develop flexible procedure for the review of
NASDR has filed with the SEC a proposed rule change to National Association of Securities Dealers, Inc. Interpretive Material 8310-2 to postpone the effective date of recently approved changes to this Interpretive Material and the Forms U-4 and U-5.
NASDR has filed with the SEC a proposed rule change to amend Rule 2860(b) of the National Association of Securities Dealers, Inc. to: (1) increase the position limits on conventional equity options to three times the basic position limits for standardized equity options on the same security; (2) disaggregate conventional equity options from standardized equity options and FLEX Equity Options for
NASDR has filed with the SEC a proposed rule change to Rule 2210 of the Conduct Rules of the National Association of Securities Dealers, Inc. to require that written or electronic communications prepared for a single customer be subject to the general standards and those specific standards of Rule 2210 that prohibit misleading statements.
NASDR has filed with the SEC a proposed rule change to National Association of Securities Dealers, Inc. Rules 3010 and 3110 to implement the effective date of recently-approved amendments to these rules. The amendments allow firms to develop flexible procedure for the review of correspondence with the public.
NASDR has filed with the SEC a proposed rule change to Rule 2210 of the Conduct Rules of the National Association of Securities Dealers, Inc. to exclude independently-prepared research reports from the filing requirements of Rule 2210.
NASDR has filed with the SEC a proposed rule change to amend Rule 3020 of the National Association of Securities Dealers, Inc. to grant to the staff authority to adjust the fidelity bond required of a member in certain circumstances upon a showing of good cause, either conditionally or unconditionally.
