*Letters

SIA Submits Comments to the SEC on the NASD Corporate Financing Rule

Published on:
April 6, 2001

The Securities Industry Association (SIA)* provides comments to the Securities and Exchange Commission(SEC) an amendment to a proposed rule change by the National Association of Securities Dealers, Inc. (NASD)relating to its corporate financing rule, File No. SR-NASD-00-04. The NASD Corporate Finance Rule is intended to ensure that the underwriting terms and arrangements of a public offering in which an NASD member participates are fair and reasonable. SIA notes that in a previous comment letter on this proposal, SIA suggested creating an exemption from the rule for offerings of larger well-financed companies coming to the capital markets for the first time and companies that have met that have met the qualifications for the exchange listing.

*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.

Details

Download

More Content

  • Letters
    Mar 30, 2026

    Automated Market Makers and the Consistent Application of Securities Market Regulations

    SIFMA comments to the SEC Crypto Task Force highlight key AMM considerations for tokenized securities and the need for tech-neutral safeguards.
  • Letters
    Mar 27, 2026

    Protecting New York’s Economy: Coalition Urges Rejection of FY27 Tax Increase Package

    Coalition urges rejecting FY2027 tax hikes, warning they would raise costs, hurt competitiveness, and weaken New York’s economy.
  • Amicus Briefs
    Mar 25, 2026

    Optimum Communications v. Apollo, et al.

Get the latest trends, stats, and research on financial markets and securities.