Washington, D.C.--The NASD announced today that its family of companies, including The American Stock Exchange, is making a $1 million donation to The New York Times 9/11 Neediest Fund as part of its effort to aid victims of the September 11 attacks and their families.
The NASD also announced a special donation program in which its companies will match, on a dollar-to-dollar basis, donations by NASD employees between September 11 and October 31, 2001, to any one of five designated charities that are helping respond to the tragedy in Washington, Pennsylvania and New York. These include the American Red Cross, The Salvation Army, The United Way September 11th Fund, the New York Times 9/11Neediest Fund and the Nasdaq Disaster Relief Fund.
“This attack directly affected many of our member firms and thousands of their employees and families, as well as countless others throughout our country,” said Robert Glauber, the NASD’s Chairman and Chief Executive Officer. “I’m proud of the way the NASD and our entire industry has responded in the face of this tragedy. We pray for those we have lost and those who suffer, and hope that our support will in some way somehow lessen the terrible burdens so many must bear.”
The National Association of Securities Dealers, Inc., is the largest securities-industry, self-regulatory organization in the United States. It is the parent organization of NASD Regulation, Inc.®, NASD Dispute Resolution, Inc. and The American Stock Exchange LLC®. For more information about the NASD and its subsidiaries, please visit the following Web sites: NASD, NASDR, NASD Dispute Resolution, AMEX.