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Finance: What is NASD? 4 Views
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Description:
NASD is the National Association of Securities Dealers, a self-regulating organization that was ultimately replaced by FINRA.
- Social Studies / Finance
- Finance / Financial Responsibility
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- Life Skills / Personal Finance
- Finance / Finance Definitions
- Life Skills / Finance Definitions
- Finance / Personal Finance
- Courses / Finance Concepts
- Subjects / Finance and Economics
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Transcript
- 00:00
finance a la Shmoop what is NASD okay sing it with me people it's the National
- 00:09
Association of Securities Dealers yeah that's how we sing around here sorry
- 00:15
NASD is sort of the twelve games a year NFL season it used to be the thing the [NFL player dancing]
- 00:21
way things were done the the governing body and it was an SRO or [conference room]
- 00:26
self-regulating organization but eventually it just didn't change with
Full Transcript
- 00:31
the massively increased demand for oversight and services and value-add and
- 00:36
it ended up being replaced as an organization by the much catchy er named [NSDA poster covered by FINRA]
- 00:40
finra originally sponsored as a bill by flipper so the new song goes finra we
- 00:46
love you you stand for Financial Industry Regulatory Authority okay [family together in home]
- 00:53
that's all we got it was a pleasure vocalizing with you and we'll try not to
- 00:57
do that again
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