NASD definition

Examples of NASD in a sentence

This relief is subject to specific conditions, including the condition that such broker-dealer (whether or not an Authorized Participant) does not, directly or indirectly, receive from the Fund complex any payment, compensation or other economic incentive to promote or sell the Shares of a Fund to persons outside the fund complex, other than non-cash compensation permitted under NASD Rule 2830(l)(5)(A), (B) or (C).
All fee payments made by the Distributor hereunder are subject to reduction or chargeback so that the aggregate service fee payments and Advance Service Fee Payments do not exceed the limits on payments to Recipients that are, or may be, imposed by the NASD Conduct Rules.
The NASD has confirmed that it has not raised any objection with respect to the fairness and reasonableness of the underwriting terms and arrangements.
This relief is subject to specific conditions, including the condition that such broker- dealer (whether or not an Authorized Participant) does not, directly or indirectly, receive from the Fund complex any payment, compensation or other economic incentive to promote or sell the Shares of a Fund to persons outside the fund complex, other than non-cash compensation permitted under NASD Rule 2830(l)(5)(A), (B) or (C).
By the Effective Date, the Representative shall have received clearance from the NASD as to the amount of compensation allowable or payable to the Underwriters as described in the Registration Statement.

NASD means the National Association of Securities Dealers, Inc., or any successor thereto.

NASD shall have the meaning set forth in Section 5(s) hereof.

NASD has the meaning set forth in Section 3(i) hereof.

NASD. See Section 5(t).

NASD has the meaning given such term in Section 13(b).

NASD. See Section 5(r) hereof. Notes: See the introductory paragraphs hereto.

NASD has the meaning set forth in Section 7.10.