Truth or Consequences

Bassett, Michael
July 2006
Financial & Insurance Meetings;Jul/Aug2006, Vol. 42 Issue 4, p21
Trade Publication
The article presents an interview with former National Association of Securities Dealers (NASD) enforcement head Barry Goldsmith. When asked what can set off an NASD investigation, he said that it can come up after a routine examination conducted by the NASD. He mentioned that there are about 1,400 formal cases in a year. Goldsmith believes that a major part of NASD operations is to provide investor advisories. He added that the NASD offers compliance conferences, web casts and courses.


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