After years of on-and-off negotiations, the stars have finally aligned for Wall Street’s two main self-regulatory organizations, or SROs, to merge into a single enforcement arm for the securities industry.
NYSE Group Inc. and the NASD (formerly the National Association of Securities Dealers) said Tuesday they signed a letter of intent to consolidate their member regulation operations to reduce industry costs and better police the financial markets.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Not a Bloomberg Law Subscriber?
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]