New London Training Center

Executive Summary

Effective July 1, 1996, NASD Regulation, Inc. (NASD Regulation) will begin accepting appointments at the Certification and Training Center in London, England, at which registered representatives can complete the computer-based training required under the Regulatory Element of the securities industry Continuing Education Program (CEP). Also effective July 1, NASD Regulation will no longer grant deferrals of Continuing Education Regulatory Element windows to registered representatives who reside in England, Scotland, or Wales.

Questions concerning this Notice may be directed to John Linnehan, Director, Continuing Education, at (301) 208-2932, or to your Quality & Service Team.