NASD Rule Changes Related to Customer Correspondence Standards

Washington, DC, October 16, 1998 - The National Association of Securities Dealers, Inc. recently issued a Notice to Members stating that changes to Rule 2210 will become effective on November 16, 1998. These changes, approved by the Securities and Exchange Commission on August 26, will subject customer correspondence to general and certain specific standards of Rule 2210 that govern advertising and sales literature.