NASD


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Related to NASD: NASDAQ, NYSE, FINRA, NSD

NASD

abbr.
National Association of Securities Dealers
References in periodicals archive ?
In December 2005, the National Association of Fixed Annuities responded to what it saw as "inaccurate, one-sided stories in the consumer and business media," class-action lawsuits and the NASD action.
The Notice is primarily focused on the duties and obligations of the NASD members and associated persons to their customers when recommending the sale by such customer of an existing VL insurance policy.
Should you find yourself a victim of unethical practices or shady dealings, immediately contact authorities at the SEC and officials at the NASD to get an investigation going.
Chief Executive Robert Greifeld that the NASD will likely shed its ownership stake in Nasdaq soon after Nasdaq receives stock-exchange status from the Securities and Exchange Commission.
These practices create point-of-sale incentives that may undermine a representative's ability to objectively recommend suitable investments to customers," NASD officials said in the statement.
NASD will arbitrate employment discrimination cases based on agreements entered into between employees and firms before or after a dispute occurs.
Pursuant to the agreement, the Federal Reserve has worked closely with the NASD on several occasions to address supervisory issues arising from the examination of a state member bank and an affiliated broker--dealer that conducts retail sales activities on the bank's premises.
The MetLife securities firms settling the investigation have "neither admitted nor denied the charges, but consented to the entry of NASD's findings," NASD officials say.
If an EIA is an insurance product, then a firm would have to treat equity-indexed annuity sales by its brokers as an outside business activity, the NASD said.
NASD has made important changes to its arbitration program procedures, specifically in updating and entering arbitrator disclosure information and removing arbitrators from cases.
NASD rules prohibit the sharing of securities commissions with unlicensed persons.
Gilkison, who was employed at American Express from April 1990 to January 1997, used the funds for personal expenses and paid himself fees for office management, an NASD spokesman said.