Proposed Rule Change to Amend NASD Rule 7010 to Modify Pricing for NASD Members Using the ITS/CAES System and Inet Facility

NASD is filing with the Securities and Exchange Commission ("SEC" or "Commission") a proposed rule change to amend NASD Rule 7010 to modify pricing for NASD members using the ITS/CAES System and Inet facility, which are currently operated by The Nasdaq Stock Market, Inc. and its subsidiaries ("Nasdaq") as facilities of NASD.