June 30, 1992
TO: COMPLIANCE COMMITTEE NO. 8-92
RE: NASD SUGGESTS ITEMS FOR INCLUSION IN WRITTEN SUPERVISORY
PROCEDURES
__________________________________________________________
In the June NASD Regulatory & Compliance Alert, the NASD
included a list of items that members should consider in
determining the adequacy of their written supervisory procedures,
which are required under Article III, Section 27 of the Rules of
Fair Practice. This list was developed as a result of NASD
examinations. The areas identified on the list are ones on which
NASD members may need to have procedures, depending upon their
own business mix.
Attached is the list that was included in the June Alert.
Amy B.R. Lancellotta
Associate Counsel
Attachment