SUGGESTED ROUTING*
Senior Management Corporate FinanceLegal & Compliance Syndicate
*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
The Securities and Exchange Com mission (SEC) has approved an amendment to the NASD Uniform Prac tice Code that requires syndicate managers of public offerings to provide itemized expense statements to
SUGGESTED ROUTING*
Senior ManagementLegal & Compliance
*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
At its July 1988 meeting, the NASD Board of Governors voted to amend the Code of Procedure so as to reduce, from three to two persons, the minimum number of persons required for hearing panels for cases before District Business
SUGGESTED ROUTING*
Senior Management GovernmentInternal AuditLegal & ComplianceOperationsTradingTraining
*These are suggested departments only. Others may be appropriate for your firm.
Executive Summary
The Securities and Exchange Commission has approved an amendment to Article V, Section 1 of the NASD Rules of Fair Practice that removes the current fine limitation of $15,000 per
SUGGESTED ROUTING*
OperationsRegistrationTraining
*These are suggested departments only. Others may be appropriate for your firm.
Please note that the October 15, 1988, Series 7 test session in Houston will be held at:
Holiday Inn/Hobby Airport Atrium Hotel & Convention Center9100 Gulf FreewayHouston, Texas 77017
Parking is available on the hotel grounds, and signs to direct
SUGGESTED ROUTING*
Senior ManagementLegal & ComplianceOperations
*These are suggested departments only. Others may be appropriate for your firm.
On September 8, the United States District Court for the Northern District of New Jersey appointed a SIPC trustee for Fairweather (George R.) Securities, Inc., 75 Montgomery Street, Jersey City, New Jersey.
Members may use the "
SUGGESTED ROUTING*
Internal Audit
Legal&Compliance
Operations
Registration
Trading
*These are suggested departments only. Others may be appropriate for your firm.
The phone number of the Rockville, Maryland office will change effective October 14, 1988. The change in the
SUGGESTED ROUTING*
Senior Management
Corporate Finance
Legal & Compliance
Operations
Research
Syndicate
*These are suggested departments only. Others may be appropriate for your firm.
As of September 16, 1988, the following 15 issues joined the NASDAQ National
SUGGESTED ROUTING*
Corporate Finance
Government
Institutional
Internal Audit
Legal & Compliance
Municipal
Mutual Fund
Operations
Options
Registration
Research
Syndicate
Trading
Training
*These are suggested
SUGGESTED ROUTING*
Corporate FinanceLegal & ComplianceSyndicate
*These are suggested departments only. Others may be appropriate for your firm.
The NASD Board of Governors has approved an increase in the corporate financing filing fee for all public offerings filed with its Corporate Financing Department effective October 1,1988.
The increase was approved by the NASD Board on
SUGGESTED ROUTING*
Senior ManagementLegal & complianceOperationsRegistration
*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
The 1988-89 NASD broker-dealer and agent registration renewal cycle will begin in early November. This program allows for simplification of the renewal process through the payment of one invoice amount that
