A:

The Central Registration Depository (CRD®) is an automated database used by the NASD and the NASAA to store and maintain historical records on registered securities representatives and principals who are employees of member firms.

The CRD® offers a convenient system for individuals seeking registration in more than one state or organization. By using the CRD®, such individuals--instead of submitting a form and fee to each state in which they seek registration--submit only one form and one payment (a sum of all fees required for each registration).

Once the CRD receives electronic forms, it submits the appropriate data and payments to each organization and state where registration is sought. The NASD maintains a webpage with up-to-date information on the web CRD, click here for further information.

Additionally, the CRD® provides data to NASDs BrokerCheck, which is a free service for individuals seeking information on a specific securities professional or firm. For more information on the NASD BrokerCheck, click here.



RELATED FAQS
  1. How can I find out if my employer is a member of FINRA?

    To find out if your employer is a member of the Financial Industry Regulatory Authority or FINRA (previously the National ... Read Answer >>
  2. How long is the validity period for a Series 63 exam if I have not been registered?

    Find out how registration begins using Series 63 results and how long scores are valid without registration. Learn more about ... Read Answer >>
  3. Can you trade securities before you pass the Series 63 exam?

    Find out more about state registration and Series 63 exam scores. Learn how long these scores are valid and how registration ... Read Answer >>
  4. My job with a member firm has recently been terminated and I do not want to write ...

    The National Association of Securities Dealers (NASD) states that if you become employed with another member firm within ... Read Answer >>
  5. How do I register for the CFA program for the first time?

    CFA Institute provides prospective CFA candidates with a couple registration options.1) Online Registration: This is the ... Read Answer >>
  6. How does piggyback registration work?

    Registration rights ensure that companies cooperate during the registration process through which investors register shares ... Read Answer >>
Related Articles
  1. Personal Finance

    Depository Trust Company

    The Depository Trust Company, founded in 1973 and based in New York City, is one of the world's largest securities depositories.
  2. Financial Advisor

    How Does Your Stockbroker Rank?

    Evaluate your broker by more than current performance. Here's how to find their history, including any formal complaints or legal actions against them.
  3. Financial Advisor

    Series 63, Series 65 Or Series 66?

    When joining the world of investment professionals, you must take the right exams.
  4. Financial Advisor

    Professional Correspondence That Pushes The Envelope

    Learn the difference between correspondence and sales literature, according to NASD rules.
  5. Managing Wealth

    Trade Name Vs. Trademark: Know the Difference

    Understand the differences between a trade name and a trademark, the different functions they serve and registration considerations for business owners.
  6. Personal Finance

    How to Evaluate Financial Advisors Via BrokerCheck

    Many people research restaurants or movies, but few select brokers or financial advisors with much due diligence. Here's how BrokerCheck can help.
  7. Financial Advisor

    How To Handle A Serious Dispute With Your Broker

    Find out what to do if you have a dispute with your broker.
  8. Financial Advisor

    Why Financial Advisor Background Checks Are Vital

    An alliance of public interest groups is pressuring FINRA to broaden its BrokerCheck tool.
  9. Financial Advisor

    FINRA: How It Protects Investors

    Find out the history of FINRA, and how it's organized to monitor the markets and protect investors.
  10. Financial Advisor

    Why Bad Credit Is Bad For Financial Careers

    In order to obtain and maintain a career in the financial industry, it is also important to have a clean credit report.
RELATED TERMS
  1. Central Registration Depository (CRD)

    A database used by the National Association Of Securities Dealers ...
  2. Piggyback Registration Rights

    A form of registration rights that grants the investor the right ...
  3. NASD Rule 2790

    A ruling passed by the National Association of Dealers (NASD), ...
  4. SEC Form BD

    A form that is completed and submitted to the Securities and ...
  5. National Association Of Securities Dealers - NASD

    The NASD was a self-regulatory organization of the securities ...
  6. Small Corporate Offering Registration - SCOR

    A form of corporate securities registration designed to reduce ...
Hot Definitions
  1. Mobile Wallet

    Mobile wallet is a virtual wallet that stores payment card information on a mobile device.
  2. Leverage

    1. The use of various financial instruments or borrowed capital, such as margin, to increase the potential return of an investment. ...
  3. Trumponomics

    Trumponomics is a term for the economic policies of President Donald Trump.
  4. Universal Health Care Coverage

    An organized healthcare system that provides healthcare benefits to all persons in a specified region. Many countries, such ...
  5. Davos World Economic Forum

    The annual meeting of the World Economic Forum hosted at Davos—a small ski town in Switzerland—in January each year is among ...
  6. Smart Home

    A convenient home setup where appliances and devices can be automatically controlled remotely from anywhere in the world ...
Trading Center