North American Securities Administrators Association - NASAA

DEFINITION of 'North American Securities Administrators Association - NASAA'

A voluntary organization, established in 1919, of securities regulators whose aim is to protect investors who buy securities or investment advice by educating the public, investigating violations of state and provincial law and filing enforcement actions. Membership includes securities regulators from all 50 U.S. states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Canada and Mexico.

BREAKING DOWN 'North American Securities Administrators Association - NASAA'

NASAA also administers the Series 63, 65 and 66 examinations, which licenses finance professionals to function as an agent . In most States, the Series 63 is a requirement for securities agents.

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RELATED FAQS
  1. Which version of the Uniform Securities Act should I study to prepare for my Series ...

    Learn more about the Uniform Securities Act and the relationship between the Act and NASAA policies. Find out why NASAA model ... Read Answer >>
  2. Do I have to be a U.S. citizen to sit for the Series 63 exam?

    Learn more about the citizenship requirements for the Series 63 exam, what the exam material covers and what a passing score ... Read Answer >>
  3. Do financial advisors need to pass the Series 7 exam?

    Learn about the various securities licensing exams, such as the Series 7 exam, and which licenses are required for financial ... Read Answer >>
  4. If I have passed the Series 7 exam, do I need to write the 6 and 63 exams as well?

    Not always. According to the Financial Industry Regulatory Authority (FINRA), (formerly National Association of Securities ... Read Answer >>
  5. Is my Series 63 registration transferable to another state?

    If you are moving to another state, the NASAA indicates that your Series 63 can be transferred. Note that you must become ... Read Answer >>
  6. Does NASAA or anyone else give out the series 63 exam questions?

    Find out about studying for the Series 63 exam and how new exam questions are developed by finance professionals. Learn about ... Read Answer >>
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