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  • 94-55 Members Reminded To Report Address, Contact Changes To NASD

    SUGGESTED ROUTING

    Senior Management
    Legal & Compliance
    Registration

    The Membership Department 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 Central Registration Depository (CRD) is kept informed of changes in address and contact people ensures that regular notices and special mailings will be properly directed. This is especially important at this time because we are approaching the period for elections.

    Article III, Section 3 of the NASD 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:

    Joan Conley
    Corporate Secretary
    c/o Membership Department
    9513 Key West Avenue
    Rockville,MD 20850.


    EXECUTIVE REPRESENTATIVE FORM

    Date: __________________________________________________________________

    NASD Member Firm:._____________________________________________________

    FirmCRD#:______________________________________________________________

    The NASD Member Firm referenced above designates (name)__________________________,

    Social Security #_________________________, CRD #_________________________ , as

    Executive Representative to the NASD as of (date)_____________________________. This

    person is a member of the firm's senior management and is a registered principal with the firm.


    Name of person preparing this form:____________________________________________

    Telephone number:________________________________________________________

    Return this form to:

    Joan Conley, Corporate Secretary

    Executive Representative Program

    c/o Membership Department

    National Association of Securities Dealers, Inc.

    9513 Key West Avenue

    Rockville,MD 20850