The mission of the Diamond Dealers Club of New York is to foster the interests of the diamond, colored stone and jewelry industry by: Providing, regulating and maintaining a facility as a Diamond Dealers Club; Fostering just and equitable principles in trade; Establishing and promoting industry-wide standards of disclosure; Disseminating accurate and reliable information; Providing arbitration tribunals to adjudicate differences and controversies among its members and others; Abiding by the by-laws and resolutions of the World Federation of Diamond Bourses, in accordance with its membership in that federation; Cooperating with governmental agencies, corporations, persons and partnerships to the betterment of ethical and economic conditions; Carrying out the activities and objectives of the organization in accordance with the laws of the State of New York and of the United States of America.