NASD


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Related to NASD: NASDAQ, NYSE, FINRA, NSD

NASD

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.

NASD

References in periodicals archive ?
NASD member firms should develop checklists for life settlement transactions which would include items relative to these factors.
According to NASD officials, conference events included a Friday night "sock hop," a "beach bash" and an elaborate dinner at a Civil War fort.
In late 1994, the NASD proposed new rules governing sales of securities on bank premises by member firms.
Over the following 18 months, the units "provided inaccurate and misleading responses despite having learned information raising serious questions about the accuracy of those responses," NASD officials say.
Gilkison failed to respond to the complaint on the matter and a default decision was entered against him, NASD officials said.
In addition, NASD, which is under the sponsorship of the National Market System (NMS), provides continuous electronic transmission of the last sale price, as well as the volume information for certain NASDAQ issues.
John Bachman, Senior Partner at Edward Jones & Company and a former member of NASD's Board of Governors, appointed by NASD as an industry representative.
The new draft, "Amendment Number 2" to an original proposed rule released in December 2004, would create NASD Rule 2821, which would require deferred VA sellers to make sure that the products sold are suitable for the buyers, that the buyers understand the products and that a company principal review the suitability of all sales.
Given the examination findings, the large number of enforcement cases over the past couple of years and the complexity of these products, we feel we can best protect investors by establishing stronger, more specific rules that apply specifically to variable annuities," NASD Chairman Robert Glauber said in a statement.
The boards of Amex and the NASD, which runs the electronic Nasdaq Stock Market, met Thursday to discuss the agreement.
Evans, who was the NASD District One chairperson in 2006, will serve a two-year appointment on the committee.