7th Nov 2009 by Joseph Pousada
In the United States it is the Securities and Exchange Commission who is the agency charged with providing regulatory oversight for investment securities. Historically the SEC delegated some of its regulatory responsibilities to the NASD (National Association of Securities Dealers) and the exchanges. The New York Stock Exchange split up its regulatory arm and its business arm and the regulatory arm merged with the NASD to become FINRA. In addition, any futures traded on the exchange would have regulatory oversight from the Commodity Futures Trading Commission.
For Euronext the difference subsidiary exchanges are subject to the national regulatory regulatory authorities that they operate in. (I.e. the Euronext Amsterdam would be subject to regulation by the Dutch Minister of Finance.)
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