Securities firms must certify compliance with securities laws, says NASD

All US securities firms will be required to designate a chief compliance officer (CCO) who will, with the chief executive officer (CEO), certify annually that the firm is working toward compliance with various securities laws, according to the National Association of Securities Dealers (NASD).

On December 2, the NASD filed a proposed rule amendment with the Securities and Exchange Commission (SEC) that would require the CEO and the CCO of each securities firm to jointly certify annually that the firm has processes in place to establish and maintain policies that will ensure compliance with applicable NASD rules, Municipal Securities Rulemaking Board rules and the federal securities laws.

Once approved by the SEC, a firm would be required to designate a chief compliance officer if

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here