NASD

NASD

See: National Association of Securities Dealers

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Financial Industry Regulatory Authority

A self-regulatory organization that assists the SEC in regulating financial markets, notably exchanges and companies that deal with securities. Among other duties, FINRA enforces rules, arbitrates disputes, and provides training and licensing services. Contrary to the belief of some, it is not a government agency. It was created in 2007 with the merger of the National Association of Securities Dealers and the NYSE regulatory board.

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NASD

See National Association of Securities Dealers.

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National Association of Securities Dealers (NASD)

What Does National Association of Securities Dealers (NASD) Mean?

The self-regulatory organization (SRO) of the securities industry responsible for the operation and regulation of the Nasdaq stock market and over-the-counter markets. It also administers the licensing examinations for investment professionals, such as the Series 63, Series 6, and Series 7 examinations.

Investopedia explains National Association of Securities Dealers (NASD)

The NASD watches over the Nasdaq to make sure the market operates fairly and efficiently. In 2007, the NASD merged with the New York Stock Exchange's regulation committee to form the Financial Industry Regulatory Authority (FINRA).

Related Terms:
• Financial Industry Regulatory Authority—FINRA
• Nasdaq
• Over the Counter—OTC
• Over-the-Counter Bulletin Board—OTCBB
• Series 7