NASD and NYSE Offend Islam?

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Jul 13, 2007 5:05 pm

You truly cannot make this stuff up.  Visit this link for verification: http://www.nasd.com/Resources/InformationforFirms/NASDW0193 98


Name Update


Throughout the NASD/NYSE Member Regulation consolidation process, I have made it a priority to keep firms up-to-date on the latest developments. Today, I want to share with you news regarding the name of our new combined organization.

As you know, the name that was initially chosen for the new entity was the Securities Industry Regulatory Authority, or SIRA.

However, after we previewed the name three weeks ago, we were made aware that our use of the acronym "SIRA" could create confusion, or might even be considered offensive by some, because of its similarity to an Arabic term used to refer to the traditional biographies of Muhammad.

Because of this feedback, we determined that it was appropriate to select the alternative name of Financial Industry Regulatory Authority, or FINRA, for our new organization.

NASD values and respects the diversity of our employees, member firms and the wider community of investors that we serve. We operate in a global, multi-racial, multi-religion environment, and we strive to be sensitive and respectful to all.

To remain true to that spirit, we have decided that selecting the alternative name for the new organization is simply the right thing to do. FINRA describes well the full scope of our responsibilities, clearly defines the new organization's mission and is easy to remember.

No matter what name the new organization operates under, FINRA is our opportunity to define the future of self-regulation, ensuring that industry input continues to be a valued component of the regulatory process.

I want to assure you this change in no way affects the pending consolidation. Once we receive the SEC's final approval on our by-law changes, we will close the transaction.

As events unfold, I will continue to keep you up-to-date on important matters.

Sincerely,





Mary L. Schapiro
Chairman and CEO, NASD


Jul 13, 2007 5:32 pm

I'm sure Ms. Shapiro is delighted that you have posted a .jpg of her signature on a public message board.


What a jackass you are.

Jul 13, 2007 5:57 pm
Devil'sAdvocate:

I'm sure Ms. Shapiro is delighted that you have posted a .jpg of her signature on a public message board.


What a jackass you are.



Hey, butthole...SHE posted her signature on her own website, accessible by anyone in the world. Go kill yourself.

Jul 16, 2007 4:14 pm
Bobby Hull:
Devil'sAdvocate:

I'm sure Ms. Shapiro is delighted that you have posted a .jpg of her signature on a public message board.


What a jackass you are.



Hey, butthole...SHE posted her signature on her own website, accessible by anyone in the world. Go kill yourself.




Bobby has a point here.  Not that you need to kill yourself--a flesh wound would do nicely.

Jul 16, 2007 5:14 pm

What is she afraid someone will use the signature to maybe steal her identity? I've known six probably seven Mary Shapiros maybe even more than one Mary Louise Shapiro.


Or maybe not.

Jul 18, 2007 4:26 pm

Let's bend over ass backwards to make sure we don't provoke the Arab's. What a crock....

Jul 18, 2007 10:56 pm

Maybe someone ought to inform Ms. Schapiro that this is the United States of America and we could give a sh_t less what SIRA means in some foriegn language....especially Arabic.


Bill is right...you can't make this stuff up.  In the words of John Stossel..."Give me a Break!"