SUGGESTED ROUTING
Senior ManagementCorporate FinanceGovernment SecuritiesinstitutionalInternal AuditLegal & ComplianceMunicipalMutual FundOperationsTraining
Executive Summary
The Securities and Exchange Commission (SEC) recently published for comment amendments to Rule 10b-10 and a proposed new rule, Rule 15c2-13, under the Securities Exchange Act of 1934. The proposed amendments
SUGGESTED ROUTING
Senior ManagementGovernment SecuritiesInstitutionalInternal AuditLegal & ComplianceOperationsTraining
Executive Summary
Effective April 29, 1994, the Department of the Treasury (Treasury) issued regulations under the Government Securities Act of 1986 (GSA) to require broker/dealers to initiate buy-in procedures for mortgage-backed securities that are in a fail-to
Comment Period Expires June 15, 1994
SUGGESTED ROUTING
Senior ManagementInstitutionalInternal AuditLegal & ComplianceOperationsResearchSyndicateTradingTraining
Executive Summary
The Board of Governors of the NASD is soliciting member comment on a proposed Interpretation under Article III, Section 1 of the NASD Rules of Fair Practice whereby it would be considered a violation of
SUGGESTED ROUTING
Senior Management Legal & Compliance Mutual Fund
Executive Summary
In Notice to Members 94-14, the NASD provided guidance on compliance with Article HI, Section 26 of the Rules of Fair Practice, which requires members to disclose in the fund prospectus any compensation received in the sale of mutual fund securities. This Notice clarifies that the guidance
SUGGESTED ROUTING
Legal & ComplianceOperationsSystemsTrading
As of April 27, 1994, the following 66 issues joined the Nasdaq National Market®, bringing the total number of issues to 3,610:
Symbol
Company
Entry Date
SOESSM Execution Level
ADAX
Applied Digital Access, Inc.
3/29/94
500
CMSH
Cameron Ashley Inc.
3/29/94
500
CHPP
Champps Entertainment, Inc.
3/29/94
SUGGESTED ROUTING
Senior ManagementCorporate FinanceInstitutionalLegal & ComplianceMunicipalOperationsSystems
As of April 29, 1994, the following bonds were added to the Fixed Income Pricing SystemSM:
Symbol
Name
Coupon
Maturity
BYX.GA
Bayou Steel Corp La Place
10.250
3/1/01
BRRY.GA
Berry Plastics
12.250
4/15/04
CALL.GB
NEXTEL Communications Inc.
9.750
8/15/04
SUGGESTED ROUTING
Senior ManagementInternal AuditLegal & ComplianceRegistrationTraining
Executive Summary
The Board of Governors, acting on the recommendation of a special Ad Hoc Committee, is clarifying the applicability of Article III, Section 40 of the NASD Rules of Fair Practice to the investment advisory activities of registered representatives. This Notice describes those
SUGGESTED ROUTING
Senior Management Corporate Finance Legal & Compliance Syndicate
Executive Summary
On May 10, 1994, the Securities and Exchange Commission (SEC) approved amendments to Schedule E to the NASD By-Laws (Schedule E) that require compliance with its provisions if a member participating in a distribution of a public offering of debt or equity securities has a conflict
SUGGESTED ROUTING
Senior ManagementInstitutionalLegal & ComplianceOptionsTrading
Executive Summary
Given the growing market for over-the-counter (OTC) derivatives, such as OTC options on individual equity securities and stock indexes, and the Securities and Exchange Commission's (SEC) recent approval of increases in option position and exercise limits, the NASD reminds
SUGGESTED ROUTING
Senior ManagementAdvertisingLegal & ComplianceMutual FundTradingTraining
Executive Summary
The NASD is publishing this Notice to inform members of the terms and conditions of a Securities and Exchange Commission (SEC) staff no-action letter recently issued to the Chubb Securities Corporation (the Chubb letter), which sets forth the SEC's policy on broker/
