taping rule


Disciplinary measure enacted by the National Association of Securities Dealers (NASD) upon firms that have hired more than a specified percentage of their employees from firms that had registrations revoked due to breaking trading regulations. The taping rule requires three years of recording all customer interactions for the firm.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
tapering tar sands