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The Membership Advocacy Committee (MAC™) works dilligently to
investigate and confirm upcoming rules and regulations (R&R), then
communicate their potential impact on Independent Broker/Dealers. As
relevent issues arise, MAC™ initiates a positive, professional
feedback plan.
First, NAIBD General Meeting attendees are notified of the upcoming
rules and regulations, and feedback is gleaned. Second, an insightful,
detailed letter is crafted in response to the proposed R&R (with
regard to feedback) and made available to Independent Broker/Dealers
in two ways. First, it is emailed to our NAIBD distribution list. Second,
it is posted online at this website. These responses impact regulatory
activities and have led to exemptions for Independent Broker/Dealers.
Finally, MAC™ achievements are announced in trade journals and
media and at NAIBD Events.
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Read this letter from FINRA NNC Chairman Kenneth Duberstein
The links below are response letter templates produced by NAIBD to
assist members in making a change for Independent Broker/Dealers:
Response to Request for Comment;
Notice to Members 07-30
Notice to Members 07-12
CEO/CCO Attestation -
FINRA NTM 03-29.
Branch Office Definition – FINRA
NTM 02-52
Proposed Rule Changes
SR-NASD-2002-162
Please modify, print on your firm letterhead, and email to Barbara.sweeney@finra.org or mail to ATTN: Ms. Barbara Z. Sweeney, Office of the Corporate Secretary
Financial Industry Regulatory Authority 1735 K Street NW,
Washington, DC 20006-1500.)
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