ShmoopTube

Where Monty Python meets your 10th grade teacher.

Search Thousands of Shmoop Videos


Investing Videos 424 videos

Finance: What is Devaluation?
1 Views

What is Devaluation? The process by which a nation deliberately lowers the value of its currency relative to other international currencies is call...

Finance: What is the Advance Decline Ratio?
14 Views

What is the Advance Decline Ratio? The advance decline ratio is used to determine how the market performed on a given day. It does this by comparin...

Finance: What is speculation?
6 Views

What is speculation? Speculation refers to a high risk, high reward scenario in investing. When an investor engages in a speculation, they take on...

See All

Finance: What is NASD? 4 Views


Share It!


Description:

NASD is the National Association of Securities Dealers, a self-regulating organization that was ultimately replaced by FINRA.

Language:
English Language

Transcript

00:00

finance a la Shmoop what is NASD okay sing it with me people it's the National

00:09

Association of Securities Dealers yeah that's how we sing around here sorry

00:15

NASD is sort of the twelve games a year NFL season it used to be the thing the [NFL player dancing]

00:21

way things were done the the governing body and it was an SRO or [conference room]

00:26

self-regulating organization but eventually it just didn't change with

00:31

the massively increased demand for oversight and services and value-add and

00:36

it ended up being replaced as an organization by the much catchy er named [NSDA poster covered by FINRA]

00:40

finra originally sponsored as a bill by flipper so the new song goes finra we

00:46

love you you stand for Financial Industry Regulatory Authority okay [family together in home]

00:53

that's all we got it was a pleasure vocalizing with you and we'll try not to

00:57

do that again

Related Videos

GED Social Studies 1.1 Civics and Government
39794 Views

GED Social Studies 1.1 Civics and Government

Fake News
11938 Views

How do you tell fake news from real news?

Finance: What is Bankruptcy?
260 Views

What is bankruptcy? Deadbeats who can't pay their bills declare bankruptcy. Either they borrowed too much money, or the business fell apart. They t...

Finance: What is a Dividend?
1777 Views

What's a dividend? At will, the board of directors can pay a dividend on common stock. Usually, that payout is some percentage less than 100 of ear...

Finance: How Are Risks and Rewards Related?
589 Views

How are risk and reward related? Take more risk, expect more reward. A lottery ticket might be worth a billion dollars, but if the odds are one in...