finra

FINRA

 

 

FOR RELEASE:
CONTACTS:
Wednesday, June 1, 2005
Nancy Condon 202-728-8379
Herb Perone 202-728-8464

 

 

Statement of NASD Chairman and CEO Robert R. Glauber Regarding the Resignation of SEC Chairman William H. Donaldson

"Chairman William Donaldson has worked for the last two years to meet the challenges of rebuilding investor confidence in the integrity of the markets by moving aggressively on a number of fronts, including corporate governance crises, mutual fund scandals, hedge fund controversies and other tough issues. We at NASD appreciate his dedication and professionalism, and we have enjoyed working with Chairman Donaldson to achieve our shared goals of ensuring market integrity and restoring investor confidence."

 

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NASD is the leading private-sector provider of financial regulatory services, dedicated to investor protection and market integrity through effective and efficient regulation and complementary compliance and technology-based services.  NASD touches virtually every aspect of the securities business - from registering and educating all industry participants, to examining securities firms, enforcing both NASD rules and the federal securities laws, and administering the largest dispute resolution forum for investors and member firms.  For more information, please visit our Web Site at www.nasd.com.