FINRA Manual: Contents
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96-73 Members Reminded To Report Executive Representative And Address Changes
Legal & Compliance
The Office of the Corporate Secretary would like to remind members of the importance of keeping the names of Executive Representatives, as well as mailing addresses for branch offices, up-to-date. Making certain that the Central Registration Depository (CRD) is kept informed of changes in address and contact people, ensures that regular Notices and special mailings will be directed properly. It is especially important at this time because we are approaching the period for Fall elections.
Article III, Section 3 of the NASDÂ® By-Laws requires each member to appoint and certify to the NASD one "executive representative." The Executive Representative of your firm must be a registered principal and a senior manager within the firm. The individual designated will represent, vote, and act in all NASD affairs, and will receive NASD mailings, including Notices to Members, Regulatory & Compliance Alert, and updates to the NASD Manual.
To change the address for mailings sent to branch offices, or to update the contact name, a properly executed Schedule E of Form BD must be sent to CRD. Notifications submitted on U.S. Post Office address change cards cannot be processed.
To change the Executive Representative of your firm, you must submit written notification to the NASD Corporate Secretary. The form to use for this purpose is included with this Notice. You may submit the original or a photocopy to:
National Association of Securities Dealers, Inc.
c/o Membership Department
9513 Key West Avenue
Rockville, MD 20850-3389.
EXECUTIVE REPRESENTATIVE FORM
The NASD Member Firm referenced above designates (name)________________________________,
Name of person preparing this form:______________________________________________________
Return this form to: