N.M. Admin. Code § 2.60.14.8

Current through Register Vol. 35, No. 21, November 5, 2024

Section 2.60.14.8 - GENERAL REQUIREMENTS FOR INSTITUTIONAL BROKER/DEALERS

A. Trading must be done either with the New York trading desk or a regional office with direct lines into the New York trading desk.

B. Sales/research coverage must be provided by institutional salespersons that report to the institutional department.

C. Brokers must provide access to all research information disseminated by the firm, including the ability to access the information electronically.

D. Brokers must provide access to research conference calls of interest to the staff.

E. Brokers must provide ability for staff to talk directly with their institutional analysts, strategists, and economists on a periodic basis. In addition, brokers are expected to arrange for periodic basis. In addition, brokers are expected to arrange for periodic face-to-face meeting in Santa Fe with their research staff.

N.M. Admin. Code § 2.60.14.8

6/15/99; Recompiled 10/1/01