Advertising

Under NASD rules, means promotional items that have uncontrolled distribution. In other words, the firm has no way to know who will see the item. The material is published or designed for use in newspapers, magazines or other periodicals, radio, television, telephone or tape recording, video tape display, signs or billboards, motion pictures, telephone listings (other than white-page listings), or other public media. Does not include communications that are neither advertising nor sales literature.