Influence on Public Policy
There are many organizations that have the intent to have influence on public policy. For the most part a special interest group consists of people brought together by a shared belief or desire. These groups can vary in size, but they are often quite large and usually work towards making changes that will benefit their constituency. Often a special interest group tries to accomplish change by influencing political processes and is often called a lobbying or advocacy group. These groups often use money and/or endorsements to try to influence politicians to approve legislation. In this paper we will be discussing three special interest groups that represent my interest. We will also talk about how special interest group can influence the political process is money. These groups usually have considerable funds at their disposal and are able to hand out large political contributions. Finally we discuss the impact to the general public.
Many of times Interest can also connect polices and action that kind of complement each other satisfaction and fulfillment. Sometimes you may have some individuals that pay attention that make each person more familiar with the interest of involvement. In American society you may have many individuals that may have multiple interests that could run the society. According to Merriam Webster, the definition of an interest is “a feeling that accompanies or causes special attention, something that arouses such attention and quality in a thing arousing interest.” (Merriam,Webster, 2013). Many organizations such the American Medical Association (AMA), the National Association for the Advancement of Colored People (NAACP) or the American Civil Liberties (ACLU). All these organizations enrolls individual through political endorsements at election time.
The NASD is self-regulatory organization of the securities industry responsible for the operation and regulation of the Nasdaq stock market and over-the-counter markets. The National Association of Securities Dealers (NASD) became the Financial Industry Regulatory Authority (FINRA) in 2007. Operating throughout the United States, the organization oversees the enforcement of Securities and Exchange Commission regulations and serves as an arbitrator in exchange disputes. FINRA also operates a foundation, which provides funding for education and financial protection programs.
The Financial Industry Regulatory Authority (FINRA) is the largest independent regulator for all securities firms doing business in the United States. FINRAs mission is to protect Americas investors by making sure the securities industry operates fairly and honestly. All told, FINRA oversees about 4,275 brokerage firms, about 161,495 branch offices and approximately 630,010 registered securities representatives. FINRA has approximately 3,440 employees and operates from Washington, DC, and New York, NY, with 20 regional offices around the country (FINRA, 2013).