Regulation & law · 24/12/2002

National Association of Securities Dealers, Inc. Filing for Accelerated Approval of Proposed Rule Change Regarding Short Sale Rule and Primary Market Maker Standards

The National Association of Securities Dealers, Inc. has filed a notice with the relevant authorities seeking accelerated approval for a proposed rule change that would extend the short sale rule and suspend primary market maker standards set forth in NASD Rule 4612, a decision that is expected to be made recently