NASD and NYSE Regulation, the US market regulators, remained at odds regarding the future of policing brokerage firms as NASD chief Robert Glauber voiced full support for a powerful hybrid overseer.
In a speech delivered before the Securities Industry Association Small Firms Forum, NASD chairman and chief executive Robert Glauber said: "NYSE and NASD ought to form a partnership to manage the regulation of the roughly 200 firms that are now jointly regulated by us and them."