Finra’s BrokerCheck gets a facelift

As more investors use Finra’s BrokerCheck database, the regulator has made its first major change in years to make it easier for investors to find out certain background information about their broker.

PIABA president Joseph Peiffer of Peiffer Rosca Wolf Abdulla Carr & Kane said that while the redesign is nice, BrokerCheck still does not go far enough. He reiterated PIABA’s stance that information that is on the CRD Snapshot should be available through BrokerCheck, which, he said, would save investors from having to go to state securities regulators.

“They gave it a facelift, but it’s still missing a nose,” he said. “Why not just put all the information in one place?”

Read full article on the new BrokerCheck facelift!

Alan Rosca (1225 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


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