NASD is filing with the Securities and Exchange Commission ("SEC" or "Commission") a proposed rule change to amend NASD Rule 2790 to expand the exemption for securities that are directed by the issuer to include offerings sold entirely on a non-underwritten basis, where no broker-dealer solicits or sells any new issue securities in the offering, and where no broker-dealer has
NASD is filing with the Securities and Exchange Commission ("SEC" or "Commission") a proposed rule change to amend Interpretive Material ("IM") 2210-4 to require a member firm or a person associated with a member firm that refers, on its internet web site, to the firm's membership in NASD to provide a hyperlink to NASD's web site.
NASDR has filed with the SEC a proposed rule change to amend NASD Conduct Rules 2710 and 2720, and IM-2110-1.
NASDR is filing with the SEC a proposed rule change to adopt new NASD Rule 2315, which requires members to review current issuer information prior to recommending a transaction to a customer in an over-the-counter ("OTC") equity security. Additionally, the proposed rule change would amend NASD Rule 6740 to permit members to submit a certification to the Association that states that the
NASDR has filed with the SEC a proposed Discovery Guide for use in NASD arbitration proceedings to improve the discovery process in NASD-sponsored securities arbitrations.
NASDR has filed with the SEC a proposed rule change to NASD Rule 1015, which eliminates procedures for members of the National Adjudicatory Council to call for review membership decisions until June 1, 1999.
NASDR has filed with the SEC a proposed rule change that was effective on filing, to amend the Code of Arbitration Procedure to facilitate use of dispute resolution programs offered by providers other than self-regulatory organizations. The change became operative on May 17, 1999.
NASDR has filed with the SEC a proposed rule change to create a dispute resolution subsidiary, NASD Dispute Resolution, Inc. ("NASD Dispute Resolution"), to handle dispute resolution programs; to adopt by-laws for such subsidiary; and to make conforming amendments to the Delegation Plan, the NASD Regulation By-Laws, and the Rules of the Association.
NASDR has filed with the SEC a proposed rule change to Rule 10335 of the Code of Arbitration Procedure of the NASD to extend the effectiveness of the rule for six months.
NASDR has filed with the SEC a proposed rule change to amend and implement Rule 1140 and to make other conforming changes.
