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NASD Membership Process

The NASD membership process can be a time-consuming and meticulous process. Professional consultants at The Mainstay Group, Inc. ("Mainstay") stand ready to assist you with all aspects of the application process. Critical elements to the timely and successful completion of NASD membership are:

  • A complete and concise business plan;
  • Adequate capital to support ongoing operations;
  • Detailed discussion of the firm's supervisory system; and
  • Timely registration of all associated persons.

The registration process actually begins 2 to 3 months before an application is submitted to NASD. A securities consultant typically works with the applicant during this period to properly organize the business plan, complete the application and draft the documents that must be submitted with the application. The web site of NASD "How To Become a Member" offers considerable guidance on how the required documents must be prepared.

At Mainstay, our consultants have many years of direct experience with the membership application process. As such, we are uniquely positioned to provide the assistance needed to submit a successful membership application.

Contact a Mainstay consultant to request additional information.

 

 

The Mainstay Group, Inc. is a consulting firm. We are not attorneys and therefore we do not offer legal services. All information contained in this website has been derived from sources that we deem to be reliable but cannot be guaranteed. ©2006 The Mainstay Group, Inc.