National Securities Markets Improvement Act - NSMIA

AAA

DEFINITION of 'National Securities Markets Improvement Act - NSMIA'

Passed by the U.S. Congress in 1996, the NSMIA was an attempt to update and amend previous security acts and create one uniform code that companies and regulators could follow.

INVESTOPEDIA EXPLAINS 'National Securities Markets Improvement Act - NSMIA'

This bill deals with securities, brokers, advisors, and dealers. Its goal is to provide a federally imposed set of rules, instead of having to deal with each individual state's rules and regulations.

RELATED TERMS
  1. Dealer

    A person or firm in the business of buying and selling securities ...
  2. Securities And Exchange Commission ...

    A government commission created by Congress to regulate the securities ...
  3. Broker

    1. An individual or firm that charges a fee or commission for ...
  4. Agent

    1. An individual or firm that places securities transactions ...
  5. Covered Security

    A class of securities, created by the National Securities Market ...
  6. Economic Justice

    Economic justice is a component of social justice. It's a set ...
Related Articles
  1. Policing The Securities Market: An Overview ...
    Investing Basics

    Policing The Securities Market: An Overview ...

  2. An Introduction to Government Loans
    Economics

    An Introduction to Government Loans

  3. How The IRS Works: Functions & Audits
    Taxes

    How The IRS Works: Functions & Audits

  4. The Government And Risk: A Love-Hate ...
    Insurance

    The Government And Risk: A Love-Hate ...

comments powered by Disqus
Hot Definitions
  1. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  2. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  3. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  4. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  5. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  6. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
Trading Center