National Association Of Securities Dealers - NASD

What was the 'National Association Of Securities Dealers - NASD'

The National Association Of Securities Dealers (NASD) was the 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.

RELATED TERMS
  1. NASD Rule 2790

    A ruling passed by the National Association of Dealers (NASD), ...
  2. Trade Reporting And Compliance ...

    A program developed by the National Association of Securities ...
  3. Order Audit Trail System - OATS

    An automated computer system owned by the National Association ...
  4. Rules Of Fair Practice

    A set of rules and regulations developed by the National Association ...
  5. Series 66

    An exam administered by the Financial Industry Regulatory Authority ...
  6. Series 23

    An exam offered by the Financial Industry Regulatory Authority ...
Related Articles
  1. Professionals

    Securities Industry Regulations

    FINRA Series 6 Exam Study Guide: Section 4 - Securities Industry Regulations
  2. Professionals

    Introduction

    Series 7 - Section 1 - Getting Started - Introduction
  3. Professionals

    Introduction

    FINRA/NASAA Series 26 Section 7 - Sales Activities. This section introduces the chapter on sales activities.
  4. Fundamental Analysis

    FINRA: How It Protects Investors

    Find out the history of FINRA, and how it's organized to monitor the markets and protect investors.
  5. Professionals

    THE SECURITIES EXCHANGE ACT OF 1934

    Federal and state securities laws, as well as industry regulations, have been enacted to ensure that all industry participants adhere to a high standard of just and equitable trade practices. ...
  6. Term

    What is the Series 66?

    The Series 66 exam is one of two tests required to register as both a securities agent and an investment advisor.
  7. Professionals

    Exam Details

    Basic information on the Series 6 exam
  8. Professionals

    Introduction

    Series 6 Section 1 Exam Details, introduction
  9. Professionals

    Introduction

    Series 62 - Section 1 - Equity Securities - Introduction
  10. Chapters 1-3

    The series 99 exam qualifies a person to perform covered functions in the operations department of their employing broker dealer. It is recommended that candidates spend at least 50 hours preparing ...
RELATED FAQS
  1. 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 ... Read Answer >>
  2. Do I have to reach a certain age before I can write an NASD exam?

    The National Association of Securities Dealers (NASD) does not stipulate that individuals must be a minimum age to write ... Read Answer >>
  3. Do I have to successfully complete the Series 7 exam before I can register for the ...

    There are no prerequisites to register for the Series 63 exam. However, once you have registered for the exam, you must schedule ... Read Answer >>
  4. Is it possible to take the Series 6 exam without being sponsored?

    Unfortunately, the answer to this question is "No." The Financial Industry Regulatory Authority or FINRA (previously the ... Read Answer >>
  5. Is it possible to take the Series 7 exam without being sponsored?

    Unfortunately, the answer is "No." The Financial Industry Regulatory Authority or FINRA, (formerly the National Association ... Read Answer >>
  6. Where can I find a copy of an old Series 7 exam?

    The NASD does not provide old copies of exams, as the questions are drawn from a databank of questions that are continuously ... Read Answer >>
Hot Definitions
  1. Goodwill

    An account that can be found in the assets portion of a company's balance sheet. Goodwill can often arise when one company ...
  2. Return On Invested Capital - ROIC

    A calculation used to assess a company's efficiency at allocating the capital under its control to profitable investments. ...
  3. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  4. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  5. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  6. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
Trading Center