Guidance

We offer guidance to firms in the form of podcasts, webinars, FAQs, reports, and more. Use the toggle below to find guidance by topic, type or date. 

5 A B C D E F G H I L M N O P Q R S T V

5

A

B

C

D

E

F

G

H

I

L

M

N

O

P

Q

R

S

T

V

Interpretive Letter
Interpretive Letter to Name Not Public
Staff interpretation of the continuing commissions policy codified in NASD IM-2420.
December 23, 1996
Interpretive Letter
Interpretive Letter to Name Not Public

Applicability of NASD Rules to registered representatives of subsidiary bank of member broker/dealer.

December 16, 1996
Interpretive Letter
Interpretive Letter to Name Not Public
Staff interpretation of the continuing commissions policy codified in NASD IM-2420.
November 20, 1996
Interpretive Letter
Interpretive Letter to Name Not Public
Participation of U.S. underwriters in the multinational offering of shares under NASD IM-2110-1(b)(8) and NASD Rule 2740(c) and NASD Rule 2750.
November 15, 1996
Regulatory and Compliance Alerts (RCA)
Regulatory & Compliance Alert - Fall 1996
full_html
October 31, 1996
Interpretive Letter
Interpretive Letter to Name Not Public
Affirmative determination for short sales under NASD Rule 3370.
September 18, 1996
Interpretive Letter
Interpretive Letter to Name Not Public

Requirements of member firms to establish a schedule for and conduct inspections of Offices of Supervisory Jurisdiction and branch offices.

August 13, 1996
Interpretive Letter
Interpretive Letter to Name Not Public

Minimum requirements under NASD Rule 3010 if a member centralizes its supervisory oversight function over the firm's employees who are both acting as registered representatives and as investment advisers.

August 09, 1996
Interpretive Letter
Interpretive Letter to Name Not Public

The applicability of NASD Rule 3040 to situations in which associated persons are proposing to receive selling compensation.

July 23, 1996
Regulatory and Compliance Alerts (RCA)
Regulatory & Compliance Alert - Summer 1996
full_html
July 01, 1996
Interpretive Letter
Interpretive Letter to Name Not Public

Applicability of NASD Rule 3070 to the operations of a mutual fund and variable product distributor broker/dealer.

May 28, 1996
Interpretive Letter
Interpretive Letter to Name Not Public

Applicability of NASD Rule 3070 to the operations of a mutual fund variable product distributor broker/dealer with a separately registered transfer agent.

May 28, 1996
Exemptive Letter
Name Not Public
The request for exemption stems from the fact that several political contributions were made from Firm X's checking account which Person A contends should have been issued from Person A's checking account. Under the MSRB rules, the NASD may grant exemptions only when the situation involves a disgruntled employee contribution or a number of small contributions totaling slightly more than the $250 de minimis amount. Accordingly, Firm X's request for an exemption is denied.
May 13, 1996
Interpretive Letter
Interpretive Letter to Name Not Public
Member's use of minimum commissions per trade or per share and the use of standardized commission schedules.
May 02, 1996
Regulatory and Compliance Alerts (RCA)
Regulatory & Compliance Alert - Spring 1996
full_html
March 31, 1996
Regulatory and Compliance Alerts (RCA)
Regulatory & Compliance Alert - Winter 1996
full_html
January 01, 1996
Interpretive Letter
Interpretive Letter to Name Not Public
Registration requirements of a member for persons responsible for actively supervising the employees of member broker/dealer (under former Schedule C, Part II, now the Rule 1020 Series).
November 27, 1995
Interpretive Letter
Interpretive Letter to Name Not Public
Requirements of member firms in maintaining do-not-call lists under NASD Rule 3110.
October 31, 1995
Regulatory and Compliance Alerts (RCA)
Regulatory & Compliance Alert - Fall 1995
full_html
October 01, 1995
Interpretive Letter
Interpretive Letter to Richard Lewandowski, The Options Exchange

Short sales by options professionals established during the course of bona fide market making activities are exempt from the affirmative determination requirements, regardless of whether the short sales constitute a permitted offset under Regulation T.

July 26, 1995
Regulatory and Compliance Alerts (RCA)
Regulatory & Compliance Alert - Summer 1995
full_html
July 01, 1995
Regulatory and Compliance Alerts (RCA)
Regulatory & Compliance Alert - Spring 1995
full_html
March 31, 1995
Regulatory and Compliance Alerts (RCA)
Regulatory & Compliance Alert - Winter 1995
full_html
January 01, 1995
Regulatory and Compliance Alerts (RCA)
Regulatory & Compliance Alert - Fall 1994
full_html
October 01, 1994
Interpretive Letter
Interpretive Letter to Name Not Public
The applicability of Section 40 (Rule 3040) to situations in which a financial plan is delivered to a customer without an execution of a securities transaction.
September 27, 1994