NASDA

NASDA is the North American Securities Administrators Association. It is a voluntary association composed of securities regulators from the 50 U.S. states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, and Canadian provinces and territories. NASDA's mission is to protect investors, maintain fair and efficient markets, and foster capital formation. The organization works to ensure that securities laws are effectively and consistently enforced across North America.

NASDA plays a significant role in developing and coordinating regulatory policies and initiatives. It provides a forum for its members to share information, best practices, and emerging trends in the securities industry. Through its committees and working groups, NASDA addresses issues such as investor protection, market integrity, and the regulation of financial professionals and products. The association also collaborates with federal securities regulators and other organizations to promote a more unified approach to securities regulation.

One of NASDA's key activities is the development of the Investment Adviser Registration Depository (IARD), a system that facilitates the electronic filing of registration and disclosure documents for investment advisers. This system helps streamline the registration process and makes important information about investment advisers publicly accessible. NASDA also conducts investor education programs and publishes resources to help individuals make informed investment decisions and avoid fraud. The organization's work contributes to a more robust and trustworthy securities market for all investors.