National Association Of Securities Dealers - NASD


DEFINITION of 'National Association Of Securities Dealers - NASD'

The NASD was a self-regulatory organization of the securities industry responsible for the operation and regulation of the Nasdaq stock market and over-the-counter markets. It also administrated exams for investment professionals, such as the Series 7 exam.

BREAKING DOWN 'National Association Of Securities Dealers - NASD'

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

  1. Stock Market

    The market in which shares of publicly held companies are issued ...
  2. SEC Form 19b-4

    A form that is used to inform the SEC of a proposed rule change ...
  3. Over-The-Counter Bulletin Board ...

    A regulated electronic trading service offered by the National ...
  4. Self-Regulatory Organization - ...

    A non-governmental organization that has the power to create ...
  5. Series 7

    A general securities registered representative license administered ...
  6. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context ...
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