National Association of Securities Dealers

National Association of Securities Dealers
National Association of Securities Dealers ( NASD)
An association of broker/dealers. The association supervises and regulates the trading and the conduct of its member organizations and the licensed brokers who work for those member organizations. The NASD was created under the Securities and Exchange Act of 1934. Even though it is not a government organization, it works closely with state and federal securities regulators. American Banker Glossary
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( NASD)
Nonprofit organization formed under the joint sponsorship of the investment bankers' conference and the SEC to comply with the Maloney Act, which provides for the regulation of the OTC market. Bloomberg Financial Dictionary

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   ► See NASD.

Financial and business terms. 2012.

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