NASD PLC
OTC Market
NASD Market Rules

Understand the Rules That Guide Our Market

A comprehensive framework outlining the standards, obligations, and regulatory principles that ensure transparency, fairness, and orderly trading on the NASD OTC Market.

NASD Market Rules

Please see relevant guides and supporting documents below and in the Document Library . Contact Us if you need any clarification.

  • Disclosure Requirements for Issuers of Securities Admitted on NASD

    Approved: Apr 2021

  • Guidelines for Scheme of Arrangement and Conversion

    Approved: Apr 2021

  • NASD Market Maker Rules

    Approved: Nov 2015

  • NASD Linked Notes Operational Guidelines

    Approved: Nov 2015

  • Penalties for Breaches of the Rules & Regulations of the NASD OTC Market

    Approved: Nov 2018

  • Trade Guarantee Fund Rules

    Approved: Nov 2018

  • NASD Rules on Nominal Transfers

    Approved: Jun 2017

  • NASD Rules for the Admission of Rights Issues

    Approved: Mar 2022

  • NASD OTC Market Rules

    Approved: Sep 2013

  • Rules for Removal of Securities from the NASD Securities Exchange

    Approved: May 2024

  • NASD Rules for Admission of Commercial Papers

    Approved: May 2024

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