SR-NASD-2004-026
Proposed Amendments to Rule 2320(a), NASD's Best Execution Rule
NASD has filed with the SEC a proposed rule change to amend NASD Rule 2320(a) (“Best Execution Rule”) to require that a recipient member provide best execution to customer orders routed to it when there is either a written agreement between the originating broker/dealer and the recipient member or written representations from the recipient member that it will provide best execution to the originating broker/dealer’s customer orders.
| Title | Format - Size | Status |
|---|---|---|
| Text of Proposed Rule Change | PDF - 52.08 KB | |
| Amendment No. 5 to Proposed Rule Change | PDF - 26.79 KB | |
| Approval Order | PDF - 61.21 KB | |
| Amendment No. 1 to Proposed Rule Change | PDF - 96.43 KB | |
| Amendment No. 2 to Proposed Rule Change | PDF - 846 KB | |
| Federal Register Notice | PDF - 70.58 KB | |
| Extension No. 1 | PDF - 19.53 KB | |
| Amendment No. 3 to Proposed Rule Change | PDF - 244.61 KB | |
| Amendment No. 4 to Proposed Rule Change | PDF - 115.48 KB | |
| Federal Register Notice of Amendment Nos. 3 and 4 | PDF - 66.29 KB |