National Association of Securities Dealers

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The National Association of Securities Dealers (NASD) was a self-regulatory organization that oversaw U.S. broker-dealers and securities markets before its regulatory functions were consolidated into the Financial Industry Regulatory Authority (FINRA).

Aliases (1)

Statements (47)
Predicate Object
instanceOf self-regulatory organization
trade association
abbreviation NASD
collaboratesWith U.S. Securities and Exchange Commission
country United States
dissolvedInto Financial Industry Regulatory Authority
enforces disciplinary actions against member firms
disciplinary actions against registered representatives
foundedBy U.S. securities industry participants
governs conduct of its member firms
hasJurisdiction U.S. broker-dealer industry
United States securities markets
hasMember broker-dealer firms
securities dealers
hasRegulatoryAuthorityOver member broker-dealer firms
registered representatives
headquartersLocation Washington, D.C.
historicalRole primary self-regulatory organization for U.S. broker-dealers prior to FINRA
industry securities industry
languageOfWork English
legalForm non-profit organization
locationCountry United States
mergedInto Financial Industry Regulatory Authority
monitors compliance with securities rules by member firms
offers arbitration forum for securities disputes
operatedAs self-regulatory organization for broker-dealers
operatedIn 20th century
early 21st century
performsFunction arbitration and dispute resolution
enforcement of securities rules
licensing and registration of securities professionals
market regulation
member regulation
rulemaking for member firms
regulates NASDAQ market (historically)
broker-dealers
over-the-counter securities markets
securities firms
regulatoryModel self-regulation under SEC oversight
setsStandardsFor conduct of broker-dealers
qualification of registered representatives
shortName NASD
subjectTo oversight by the U.S. Securities and Exchange Commission
successorOrganization Financial Industry Regulatory Authority
supervises sales practices of broker-dealers
trading practices in certain securities markets
typeOfOrganization membership organization


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