May 19, 2012 Comments (0) Blog, Securities Fraud

FINRA Broker Check Enhancements

(Last Updated On: July 17, 2015)

FINRA recently announced that it has added features to its CRD Broker Check system to help users more easily access broker-dealer and investment adviser registration information.

According to the FINRA announcement, users now have:

–  centralized access to licensing and registration information on current and former brokers and brokerage firms, and investment adviser representatives and investment adviser firms;

–  the ability to search for and locate a financial services professional based on main office and branch locations, and the ability to conduct ZIP code radius searches (in increments of 5, 15 or 25 miles); and

–  access to expanded educational content available on BrokerCheck, including new help icons that clarify commonly referenced terms throughout the system and within BrokerCheck reports.

While investors have been able for years to obtain information about, and the disciplinary record of, any FINRA-registered broker or brokerage firm by using FINRA’s BrokerCheck, the updates should make it easier to perform this research.

The foregoing information is provided by The White Law Group.  The White Law Group is a national securities fraud, securities arbitration and investor protection law firm with offices in Chicago, Illinois and Boca Raton, Florida.  The firm represents investors in FINRA arbitration claims against their brokerage firm or financial professional.  These claims often involve various securities fraud violations, including unsuitable investment recommendations in violation of the Know Your Customer Rule, and failure to perform adequate due diligence on the investments recommended.

For more information on The White Law Group, visit http://www.whitesecuritieslaw.com.

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