Interpretive Letters

 
Interpretive letters provide guidance on the staff's views as to the application of particular FINRA rules under specific circumstances. Members, associated persons, and their counsel should consider seeking further guidance regarding their own unique circumstances.

Date Title Related Rule Core Topic
Jul 05, 2001 Interpretive Letter to Jeffrey W. Kilduff, Esq., O'Melveny & Myers, LLP NASD Rule 3110 - Books and Records
Jun 27, 2001 Interpretive Letter to Jonathan K. Lagemann, Esq., Law Offices of Jonathan Kord Lagemann NASD Rule 2420 - Dealing with Non-Members
Jun 18, 2001 Interpretive Letter to Philip J. Fina, Esq., Kirkpatrick & Lockhart LLP NASD Rule 2830 - Investment Company Securities Gifts, Gratuities and Non-Cash Compensation
Jun 06, 2001 Interpretive Letter to Newton B. Schott, Jr., PIMCO Funds NASD Rule 1030 Series - Registration of Representatives Qualification Exams
Jun 04, 2001 Interpretive Letter to Lena M. Stinson, Stanford Group Company NASD Rule 3010 - Supervision Advertising Regulation, Supervision, Qualification Exams
May 25, 2001 Interpretive Letter to Name Not Public NASD IM-2420-2 - Continuing Commissions Policy
May 25, 2001 Interpretive Letter to Name Not Public NASD Rule 3370 - Prompt Receipt and Delivery of Securities
May 15, 2001 Interpretive Letter to Charles Freund, Brown Brothers Harriman NASD Rule 3220 - Adjustment of Open Orders
Apr 27, 2001 Interpretive Letter to Name Not Public NASD Rule 3370 - Prompt Receipt and Delivery of Securities
Apr 19, 2001 Interpretive Letter to Thomas W. Hands, TradePortal Securities, Inc. NASD Rule 1030 Series - Registration of Representatives Qualification Exams
Mar 18, 2001 Interpretive Letter to Klia Ververidis, Esq., AssetStream Corporation NASD Rule 2110 - Standards of Commercial Honor and Principles of Trade Customer Account Transfers
Mar 15, 2001 Interpretive Letter to Charles Wiegert, NFP Securities NASD Rule 3060 - Influencing or Rewarding Employees of Others Gifts, Gratuities and Non-Cash Compensation
Mar 08, 2001 Interpretive Letter to Jay Adams Knight, Esq., Musick, Peeler & Garrett LLP NASD Rule 2420 - Dealing with Non-Members
Mar 07, 2001 Interpretive Letter to Name Not Public NASD Rule 2830 - Investment Company Securities Gifts, Gratuities and Non-Cash Compensation
Mar 07, 2001 Interpretive Letter to Name Not Public NASD Rule 2820 - Variable Contracts of an Insurance Company
Feb 13, 2001 Interpretive Letter to George W. Mann, Jr., Boston Stock Exchange NASD Rule 1030 Series - Registration of Representatives Qualification Exams
Jan 29, 2001 Interpretive Letter to Dennis Roth, Chesapeake Securities Research Corporation NASD Rule 1030 Series - Registration of Representatives Qualification Exams
Jan 23, 2001 Interpretive Letter to Isaac Schlesinger, Bishop, Rosen & Co., Inc. NASD Rule 2440 - Fair Prices and Commissions
Jan 19, 2001 Interpretive Letter to Richard Bennett, Signal Securities, Inc. NASD Rule 1030 Series - Registration of Representatives Qualification Exams
Jan 16, 2001 Interpretive Letter to Stuart M. Strauss, Esq., Mayer, Brown & Platt NASD Rule 2830 - Investment Company Securities
Dec 22, 2000 Interpretive Letter to Barbara A. Mallon, Esq., Mallon & Johnson, P.C. NASD Rule 2110 - Standards of Commercial Honor and Principles of Trade
Dec 11, 2000 Interpretive Letter to Brian C. Sullivan, LaBranche & Co. NASD Rule 1060 - Persons Exempt from Registration
Nov 27, 2000 Interpretive Letter to Angela Coronado, Brecek & Young Advisors, Inc. NASD Rule 3110 - Books and Records Public Offerings
Nov 01, 2000 Interpretive Letter to Ms. Joanne Ferrari, Weeden & Co., L.P. NASD Rule 1020 Series - Registration of Principals Qualification Exams
Oct 27, 2000 Interpretive Letter to Mr. Alan E. Sorcher, Securities Industry Association & Ms. Sarah A. Miller, ABA Securities Association NASD Rule 1070 - Qualification Examinations and Waiver of Requirements