NYSE Rule 382: Current Trends in the Law
THOMAS A. FRANKO
(Managing director and general counsel with Pershing Division of Donaldson, Lufkin & Jenrette Securities Corporation, a Credit Suisse First Boston Company.)
STEPHEN L. RATNER
(Partner at Rosenman & Colin LLP in New‐York, NY.)
CAROLINE K. HALL
(Associate at Rosenman & Colin LLP in New York, NY.)
37
Abstract
Rule 382 of the New York Stock Exchange for many years has governed the relationship between clearing and introducing brokers with a focus on responsibility to the client. This article surveys the subtle and not so subtle changes impacting these relationships, with a view toward future trends.
Citation
FRANKO, T.A., RATNER, S.L. and HALL, C.K. (2002), "NYSE Rule 382: Current Trends in the Law", Journal of Investment Compliance, Vol. 2 No. 3, pp. 52-54. https://doi.org/10.1108/eb045918
Publisher
:MCB UP Ltd
Copyright © 2002, MCB UP Limited