Proposed New Rule 2231 Regarding Transaction-Specific Disclosures for Customers in Debt Securities Transactions

NASD has filed with the Securities and Exchange Commission ("SEC" or "Commission") proposed Rule 2231 that would require members, subject to specified exceptions, to provide customers in debt securities transactions additional, transaction-specific disclosures relating to applicable charges and fees, credit ratings, the availability of last-sale transaction information, and certain interest, yield and call provisions, and would require members to notify customers of the availability of a disclosure document discussing debt securities authored by NASD.

This rule filing has been withdrawn.