TITLE

NASD Proposal Risks Starting Turf War

AUTHOR(S)
Colleen Marie O'Connor
PUB. DATE
May 2006
SOURCE
Investment Dealers' Digest;5/22/2006, Vol. 72 Issue 20, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the proposal of the National Association of Securities Dealers (NASD) for a change to its rules that would give the power to oversee the trading of securities on U.S. exchanges. The proposal would create an overlapping regulatory authorities and add layers of red tape and costs to the trading of securities. The NASD would regulate the conduct of broker or dealers when it comes to fair trades and reasonably priced commissions.
ACCESSION #
20952158

 

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