Frequently Asked Question

February 26 2009  |  Filed Under »

Do I need to be a U.S. citizen to sit for any NASD examinations?

No. The National Association of Securities Dealers (NASD) does not require a candidate to be a U.S. citizen to sit for an exam.

The NASD offers their exams at many test centers internationally. Click Here to book an exam, find a testing center location, or review the NASD's policies and procedures.
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Last Questions Asked:
  1. Does the federal government fund any NGOs? Which ones?

    A non-governmental organization (NGO) is a non-profit, citizen-based group that functions independently of government. NGOs are organized on local, national and international levels to serve specific social or political purposes. Despite their independence from government, many NGOs receive significant funding from government entities.While an NGO can be funded entirely or in part by government funding, it may keep its non-governmental status by prohibiting government representatives from membership.
  2. What is the difference between redemption of shares and repurchase of shares?

    Sometimes, shares of stock offered by a company are not regular, market-driven common shares. Instead, they may be preferred shares, which are considered fixed income securities and are issued with a par value. When that par value is paid back to the purchaser of the preferred share, this is considered a redemption.
  3. How do NGOs get funding?

    A non-governmental organization (NGO) is a non-profit, citizen-based group that functions independently of government. NGOs are organized on local, national and international levels to serve specific social or political purposes. As non-profit organizations, NGOs rely on a variety of sources for funding projects, operations, salaries and other overhead costs.
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