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Interpretive Letter: Application of Best Execution Rule to Automated Execution of Orders in OTCBB Stocks
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In response to an NASD member inquiry, NASD Regulation, Inc. has published an interpretive letter regarding the application of Rule 2320, "Best Execution and Interpositioning," as applied to the provision of automated execution for orders in OTCBB securities.
Click here for the full text of this letter as published on the NASD Regulation Web site (www.nasdr.com).
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