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Notice To Members 83-30

TO: All NASD Members and Municipal Securities Bank Dealers

ATTN: All Operations Personnel

Securities markets and the NASDAQ System will be closed on Monday, July 4, 1983, in observance of Independence Day. "Regular-Way" transactions made on the business days preceding that day will be subject to the following schedule.

Trade Date-Settlement Date Schedule For "Regular-Way" Transactions

Trade Date

Notice To Members 83-31

TO: All NASD Members

The Board of Governors of the Federal Reserve System has adopted a number of important revisions to Regulation T. These amendments are effective on November 21, 1983; however, at their option, members may elect to operate under the revised provisions after June 20, 1983. A detailed summary of the major revisions and the text of the amended rule follows.

These changes to Regulation T are part of an extensive program undertaken by the Federal Reserve Board over the last several years to simplify, update and revise all of its credit regulations.

Notice To Members 83-32

TO: All NASD Members and NASDAQ Level 2 and Level 3 Subscribers

An additional 50 issues will voluntarily join NASDAQ's National Market System on July 19, bringing the total number of NMS securities to 378. These 50 securities meet the SEC's criteria for voluntary designation, which include average monthly trading volume of 100,000 shares and a minimum bid price of $5.

The 50 securities scheduled to join NMS on Tuesday, July 19, are:

BOST

Notice To Members 83-34

TO: All NASD Members

ATTN: Operations Officer, Cashier, Fail-Control Department

On Monday, July 11, 1983, the United States District Court for the Central District of California appointed a SIPC Trustee for the above-captioned firm. Previously, a temporary receiver had been appointed for the firm on July 1, 1983.

Notice To Members 83-39

I M P O R T A N T

OFFICERS, PARTNERS AND PROPRIETORS

TO: All NASD Members and Other Interested Persons

Although it appears at this writing that the provisions under TEFRA with respect to withholding on dividends and interest will be repealed, members should be aware that other provisions of the Act - primarily the expanded reporting requirements - are still effective for transactions occurring after July 1, 1983.