NASD has filed with the Securities and Exchange Commission (“SEC” or “Commission”) revisions to the study outline and selection specifications for the Assistant Representative – Order Processing (Series 11) examination program. The proposed revisions update the material to reflect changes to the laws, rules, and regulations covered by the examination. NASD is not proposing any
NASD has filed with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend the Code of Arbitration Procedure (“Code”) by adopting a new Interpretive Material (IM) 10308 to clarify that (1) fees for service as a mediator are not included in determining whether an attorney, accountant, or other professional derives 10% of his or her annual revenue from
NASD is filing with the Securities and Exchange Commission ("SEC" or "Commission") a proposed rule change to (1) amend NASD Rule 6130 (Trade Report Input) to allow NASD members to use the NASD/Nasdaq Trade Reporting Facility (the "NASD/Nasdaq TRF") to process transaction fees charged by one member to another member on trades in NMS stocks, as defined in Rule 600(b)(
On behalf of NASD, I would like to thank Chairman Sarbanes, Ranking Member Gramm, and the members of the Senate Banking Committee for this opportunity to testify.
As the world’s largest securities self-regulatory organization, NASD has been helping to bring integrity to the markets and confidence to investors for more than 60 years.
Mr. Chairman and Members of the Committee: NASD would like to thank the committee for the invitation to submit this written statement for the record.
I am Mary L. Schapiro, President of NASD Regulation, Inc. NASD Regulation, Inc. and our parent, the National Association of Securities Dealers, Inc. (NASD®), would like to thank the Subcommittee for this opportunity to testify on the securities day-trading industry
Mr. Chairman and Members of the Subcommittee: Thank you for inviting us to testify on financial literacy and for allowing us to submit this statement for the record. NASD is committed to expanding the knowledge and confidence of all Americans wishing to build a more secure financial future through saving and investing.
Anything that helps transparency in the options market is what i am looking for. If this will genuinely impact market corruption and help the detection of it i vehemently approve. There are many loop holes in the way securities are handled that can lead to corruption that can threaten our economy. This and more procedure changes are encouraged and needed!
Due to the complicity of FINRA, NSCC, DTCC and other federal agencies to not ensure a fair and equal market for all. We want all transactions reported in 24 hours. The markets has been corrupted and loss of faith and integrity of a fair market needs to be established. Responsibility and accountability needs to be progressive and transparent.
