Standards in the Brokerage Business
type: CreativeWork
description: Since it would be very impractical to study in detail all the regulatory forces within the securities industry, I have decided to limit the subject matter of this paper to that of the National Association of Security Dealers. The National Association of Security Dealers is commonly known as the N.A.S.D. The reason that the N.A.S.D. was chosen for investigation is that the N.A.S.D. is the only organization registered under the Maloney Act to function as "a mechanism of self-regulation among the over-the-counter brokers and dealers operating in interstate and foreign commerce or through the mail." | Now that it is known what the function of the N.A.S.D. is, an examination of the purpose of this research should be put forth. The goal of this study is to answer the question "can a self-regulating organization, the N.A.S.D., be successful in protecting the securities industry?" | The above hypothesis has been introduced and in order for us to reach some conclusions, an orderly approach will be presented. The order of sequence will be first to a history of the N.A.S.D. This will involve a description of what the securities market was like before the introduction of regulatory bodies. This chapter will also explain what the N.A.S.D. is and what the organizational structure is like. The next step in discussing the N.A.S.D. is to explore those areas where the N.A.S.D. is involved and then to explain the purposes of the N.A.S.D. After explaining what the association has accomplished, the by-laws will be discussed. The by-laws are divided into three areas: Rules of Fair Practice, Uniform Practice Code and the Code of Procedure for Handling Trade Practice Complaints. | Before we reach conclusions on this subject matter, the next step is to give examples of how the N.A.S.D. has been deficient. Since there is not an organization that cannot strive for higher goals, suitable recommendations will be given depending upon the degree of success or failure in those pertinent areas gove…
abstract: Since it would be very impractical to study in detail all the regulatory forces within the securities industry, I have decided to limit the subject matter of this paper to that of the National Association of Security Dealers. The National Association of Security Dealers is commonly known as the N.A.S.D. The reason that the N.A.S.D. was chosen for investigation is that the N.A.S.D. is the only organization registered under the Maloney Act to function as "a mechanism of self-regulation among the over-the-counter brokers and dealers operating in interstate and foreign commerce or through the mail." | Now that it is known what the function of the N.A.S.D. is, an examination of the purpose of this research should be put forth. The goal of this study is to answer the question "can a self-regulating organization, the N.A.S.D., be successful in protecting the securities industry?" | The above hypothesis has been introduced and in order for us to reach some conclusions, an orderly approach will be presented. The order of sequence will be first to a history of the N.A.S.D. This will involve a description of what the securities market was like before the introduction of regulatory bodies. This chapter will also explain what the N.A.S.D. is and what the organizational structure is like. The next step in discussing the N.A.S.D. is to explore those areas where the N.A.S.D. is involved and then to explain the purposes of the N.A.S.D. After explaining what the association has accomplished, the by-laws will be discussed. The by-laws are divided into three areas: Rules of Fair Practice, Uniform Practice Code and the Code of Procedure for Handling Trade Practice Complaints. | Before we reach conclusions on this subject matter, the next step is to give examples of how the N.A.S.D. has been deficient. Since there is not an organization that cannot strive for higher goals, suitable recommendations will be given depending upon the degree of success or failure in those pertinent areas gove…
author: Militti, Edward J.
language: en_US
date published: 1975-05-07
date modified: 2026-07-24T01:52:03Z
provider: Creighton University
publisher: Networked Digital Library of Theses and Dissertations
type: WebPage
source organization: Creighton University

PropertyValue
property ID: Handle
value: http://hdl.handle.net/10504/115755