11170. Transactions in "Part-Redeemed" Bonds
In transactions in bonds which have been redeemed or paid in part, such bonds shall be designated as "part-redeemed" bonds. The settlement price of contracts in "part-redeemed" bonds shall be determined by multiplying the contract price by the original principal amount thereof and contracts shall be made on the same basis.
Amended by SR-FINRA-2010-030 eff. Dec. 15, 2010. Selected Notice: 10-49. |