How to Check a Broker Dealer With FINRA?

Answer FINRA stands for the Financial Industry Regulatory Authority, which is a U.S. agency that regulates the business practices of securities firms. FINRA will perform background checks on brokers or br... Read More »

Top Q&A For: How to Check a Broker Dealer With FINRA

Broker Dealer Regulations?

The U.S. Securities Exchange Commission, Division of Trading and Markets, oversees broker-dealer regulations and registration. Section 3(a)(4)(A) loosely defines a broker as any person engaged in t... Read More »

What is a clearing broker dealer?

A clearing broker dealer is a financial professional responsible for acting as a broker (handling transactions and investment accounts between investors and clearing houses) and a dealer (handling... Read More »

How to Become an Independent Broker Dealer?

An independent broker-dealer is legally authorized to sell securities and investment products without acting as an agent of a larger organization. The requirements for becoming a broker-dealer are ... Read More »

What Is a Broker Dealer Firm?

A broker dealer firm functions both as a dealer and a broker. The company acts as a broker when it executes trade orders on behalf of a customer; it acts like a dealer when it executes trades for i... Read More »