ERICFile: an information bulletin published twice each year that contained news of the ERIC system, information about services and products, and an order form for publications.
Under Rule 2130, members and associated persons seeking to expunge from the CRD systeminformation arising from disputes with customers must obtain an order from a court of competent jurisdiction directing such expungement or confirming an arbitration award containing expungement relief.
Rule 2130 continues the requirement started with the January 1999 moratorium that a court of competent jurisdiction must order or confirm all expungement directives before NASD will expunge customer dispute information from the CRD system.
Institutions will be able to put large block-trade orders into the system safe in the knowledge that no information about their intentions will leak into the market before the order has been executed.