NASD Proposal Risks Starting Turf War

Colleen Marie O'Connor
May 2006
Investment Dealers' Digest;5/22/2006, Vol. 72 Issue 20, p7
Trade Publication
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.


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