affirmative obligations Definition | Business Dictionaries from AllBusiness.com
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Business Definition for: affirmative obligations
affirmative obligations

National Association of Securities Dealers (NASD) requirement that market makers quote firm prices, make continuous two-sided markets , participate in the Small Order Entry (or Execution) System (SOES), and report price and volume data for each transaction in a NASDAQ security within 90 seconds of execution.

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