The major result of the NSMIA was to

Name: The major result of the NSMIA was to
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The NSMIA (National Securities Markets Improvement Act) aimed to reduce state regulatory powers over securities firms and create a more streamlined, consistent regulatory environment across states. It did not establish the SIPC (which was created in 1970) or create the NASD (which was created in 1939, although it later became the FINRA). Therefore, option A is the correct choice.

The Major Result of the NSMIA Was to