The National Association of Securities Dealers (NASD) is a self-regulatory organization that oversees the activities of the securities industry in the United States. It is responsible for the regulation of the over-the-counter (OTC) securities markets, including the Nasdaq Stock Market.
The National Association of Securities Dealers (NASD) is a self-regulatory organization (SRO) that oversees the activities of the securities industry in the United States. It is responsible for the regulation of the securities markets, including the stock exchanges, broker-dealers, and other financial institutions. The NASD is a non-profit organization that is funded by the fees it collects from its members.
The NASD was established in 1939 as the National Association of Securities Dealers, Inc. (NASD). It was created to provide a forum for the regulation of the securities industry and to ensure that the public was protected from fraudulent and manipulative practices. The NASD is a member of the Financial Industry Regulatory Authority (FINRA), which is the largest independent regulator for all securities firms doing business in the United States.
The NASD is responsible for the registration of broker-dealers, the regulation of the securities markets, and the enforcement of rules and regulations. It also provides education and training to its members and the public. The NASD is responsible for the licensing of broker-dealers, the registration of securities offerings, and the enforcement of rules and regulations. It also provides guidance to its members on compliance with the securities laws and regulations.
The NASD is also responsible for the oversight of the securities markets, including the stock exchanges, broker-dealers, and other financial institutions. It monitors the activities of the securities markets and ensures that the public is protected from fraudulent and manipulative practices. The NASD also provides guidance to its members on compliance with the securities laws and regulations.
The NASD is a non-profit organization that is funded by the fees it collects from its members. It is governed by a Board of Governors, which is composed of representatives from the securities industry, the public, and the government. The Board of Governors is responsible for setting the policies and procedures of the NASD and for overseeing its operations. The NASD is also responsible for the enforcement of its rules and regulations.
The NASD is an important part of the securities industry in the United States. It is responsible for the regulation of the securities markets, the registration of broker-dealers, and the enforcement of rules and regulations. It also provides education and training to its members and the public. The NASD is a non-profit organization that is funded by the fees it collects from its members.