An important area of work for the Norwegian Securities Dealers Association is self-regulation within the frameworks set by the legislation. The objective of self-regulation is to promote orderly, safe trading in shares and other financial instruments in Norway.
The Association determines two types of industry norms: recommendations and standards. Industry standards are agreed to by
the Executive Committee following a prior round of consultations with the member firms, and the individual member firms are
expected to comply with these. Trade recommendations are decided on by the Association’s Executive Committee and the individual
member is strongly urged to comply with these.