National Association of Securities Dealers, Inc. (NASD), currently known as Financial Industry Regulatory Authority (FINRA), is an industry organization representing persons and companies involved in the securities industry in the United States. It is also the primary self-regulatory organization (SRO) responsible for the regulation of its industry, with oversight from the Securities and Exchange Commission (SEC). History The NASD was founded in 1939, in response to the 1938 Maloney Act amendm… (More on Nasd)