Term
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Definition
| Filed and reviewed by Central Registration Depository. |
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Term
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Definition
| Central Registration Depository. Computerized information system maintained by FINRA that provides registration information regarding broker-dealers and registered representatives. |
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Term
| Registration of Representatives |
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Definition
| FINRA registration required for all persons involved in the investment banking or securities business, who function as representatives of a member firm. Exception: if an person's role is soly clerical or ministerial. |
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Term
| Fingerprinting Requirements |
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Definition
| Required of any employee of a registered broker-dealer. Exceptions: if the employee is not engaged in the sale of securities, does not have access to funds or securities, and does not handle or process funds or securities. |
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