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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: C.K. Houston who wrote (812)	1/2/1998 11:26:00 AM
From: C.K. Houston	Read Replies (1) \| Respond to of 9818

NASD Regulatory & Compliance ALERT EXCERPTS National Association of Securities Dealers, Inc. ========================================================== "As the year 2000 quickly approaches, it is absolutely critical that every introducing and clearing firm ensure that their computer systems are Year 2000 compliant." "Your scope should apply to all information technology systems (internal and external) ....... and other business support systems (e.g., telephone, power, elevators)" "Be aware that computer failures related to Year 2000 problems generally will not be considered a defense to violations of firms' regulatory or compliance responsibilities or a mitigation of sanctions for such violations." Message 3076998