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TeachMeFinance.com - explain National Association of Securities Dealers (NASD) National Association of Securities Dealers (NASD) -- a private organization registered with the Securities Exchange Commission to provide self-regulation of the over-the-counter (OTC) securities market. NASD issues rules governing the practices of broker-dealer firms in the OTC market. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.