legislation
passed by Congress that created the class of “federal covered securities”
exempt from state registration. The act also prohibited states from enacting
licensing qualifications for securities professionals that exceed federal
requirements related to net capital, bonding, and recordkeeping.
Series 63: National Securities Markets Improvement Act (NSMIA) Of 1996
Taken from our Series 63 - Uniform Securities Agent State Law Exam
Definition of the term National Securities Markets Improvement Act (NSMIA) Of 1996...
Since you're reading about Series 63: National Securities Markets Improvement Act (NSMIA) Of 1996, you might also be interested in:
Please Enable Javascript
to view this content!
to view this content!