FINRA Manual: Contents
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84-19 MV Securities, Inc. 11 Broadway, 17th Floor New York, New York
TO: All NASD Members
ATTN: Operations Officer, Cashier, Fail-Control Department
On March 14, 1984, the United States District Court for the Southern District of New York appointed a SIPC Trustee for the above captioned firm.
Members may use the "immediate close-out" procedures as provided in Section 59(i) of the NASD's Uniform Practice Code to close-out open OTC contracts. Also, MSRB Rule G-12(h)(iv) provides that members may use the above procedures to close-out transactions in municipal securities.
Questions regarding the firm should be directed to:
Lee S. Richards III, Esquire
Grais & Richards
44 Wall Street, Suite 1100
New York, New York 10005
Telephone: (212) 514-9000