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National Tax Policy: Framework for Allocating Tax Burdens in a Country
Stock Market

National Tax Policy: Framework for Allocating Tax Burdens in a Country

Highlights,National tax policy determines how a country distributes tax responsibilities among its citizens and entities.,It shapes economic behavior by influencing spending, investment, and income distribution.,Effective tax policy balances revenue gener...

National Market System (NMS): An Overview of Over-the-Counter Trading Under NASD Sponsorship
Stock Market

National Market System (NMS): An Overview of Over-the-Counter Trading Under NASD Sponsorship

Highlights,NMS governs the trading of OTC stocks meeting strict size, profitability, and activity criteria.,It provides more detailed and timely trading information compared to non-NMS OTC stocks.,Market makers in NMS must report transaction prices and vo...

The Role and Function of the National Securities Clearing Corporation (NSCC)
Stock Market

The Role and Function of the National Securities Clearing Corporation (NSCC)

Highlights,NSCC acts as a clearinghouse for settling transactions between brokerage firms and exchanges.,It streamlines the clearing and settlement process in the securities industry.,The corporation reduces risk by ensuring smooth and timely trade settle...

Understanding the National Market and Its Role in the Economy
Stock Market

Understanding the National Market and Its Role in the Economy

Highlights,The national market refers to the economic space within a country's borders where goods and services are exchanged.,It is closely linked to the concept of the internal market, focusing on domestic trade and commerce.,A strong national market su...

The Role and Mission of the National Foundation for Consumer Credit
Stock Market

The Role and Mission of the National Foundation for Consumer Credit

Highlights,The National Foundation for Consumer Credit is a nonprofit dedicated to assisting over-indebted consumers.,It helps individuals develop manageable payment plans to regain financial stability.,The organization provides credit counselling to educ...

National Credit Union Administration: Guardian of the Federal Credit Union System
Stock Market

National Credit Union Administration: Guardian of the Federal Credit Union System

Highlights,The National Credit Union Administration (NCUA) is a federal agency regulating federal credit unions.,It provides insurance protection for deposits within the federal credit union system.,The NCUA is funded primarily through contributions from ...

National Association of Securities Dealers (NASD): Origins, Role, and Evolution into FINRA
Stock Market

National Association of Securities Dealers (NASD): Origins, Role, and Evolution into FINRA

Highlights,NASD was a nonprofit organization established to regulate the OTC market under the Maloney Act.,It was formed jointly by the investment bankers' conference and the SEC to oversee securities dealers.,NASD merged with the NYSE’s regulatory commit...

Understanding the National Bank: A Key Player in the U.S. Banking System
Stock Market

Understanding the National Bank: A Key Player in the U.S. Banking System

Highlights:,A national bank is a commercial bank chartered and regulated by the U.S. Comptroller of the Currency.,It must be a member of the Federal Reserve System and purchase Federal Reserve stock.,National banks operate under federal oversight, ensurin...

The Nasdaq Stock Market: A Pioneer in Electronic Trading and Growth Equity
Stock Market

The Nasdaq Stock Market: A Pioneer in Electronic Trading and Growth Equity

Highlights:,Nasdaq is the world’s first fully electronic stock market, revolutionizing how securities are traded.,It lists over 5,000 companies, offering a platform for both established giants and emerging businesses.,The market is divided into the Nasdaq...

Nasdaq
Stock Market

Nasdaq

Highlights,Stands for the National Association of Securities Dealers Automated Quotation System.,The world’s first electronic stock exchange, launched in 1971.,Known for hosting major tech and growth-oriented companies.,Nasdaq, short for the National Asso...