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 encourages investors to report these scams by forwarding stock spam emails to spam@nasd.
According to NASD officials, conference events included a Friday night "sock hop," a "beach bash" and an elaborate dinner at a Civil War fort.
Gilkison failed to respond to the complaint on the matter and a default decision was entered against him, NASD officials said.
In late 1994, the NASD proposed new rules governing sales of securities on bank premises by member firms.
NASD rules are designed to prevent point-of-sale incentives from compromising a broker's objectivity in matching the investment needs of the customer with the appropriate investment product.
All broker and dealer annuity sales, under the NASD proposal, would have to be reviewed and signed off by a company principal, who must approve in writing the customer's suitability for the purchase.
The announcement by Jones came less than two weeks after it was disclosed that erroneous guidelines issued by the NASD caused the mistaken deletion of information from the records of 461 brokers.
The NASD accepted the censure without admitting or denying the charges, and issued a statement emphasizing the reforms it had already made under the prodding of a commission chaired by Warren Rudman, the former Republican senator from New Hampshire.
Slater was left with no real choice but to file a NASD arbitration claim in August of 2005 seeking to have removed information placed upon his Registration Record by Merrill Lynch that was only placed there after he left Merrill Lynch which he believed was defamatory, improperly reported and damaging to his business reputation.
Collectively, these changes should significantly reduce the number of discovery disputes in NASD arbitrations involving customer disputes.
This week the NASD named new outside directors to its boards, a milestone in a much-publicized overhaul recommended by former Sen.
Industry Veteran Samuel Lek Intends to Champion Regulatory Reform Through Pursuit of a Position on the NASD National Adjudicatory Council