Q:

The Central Registration Depository (CRD®) is an automated database used by FINRA and 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. FINRA maintains a webpage with up-to-date information on the web CRD, click here for further information.

Additionally, the CRD® provides data to FINRA's 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.

A:

MORE FAQS

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

  2. Can you trade securities before you pass the Series 63 exam?

  3. My job with a member firm has recently been terminated and I do not want to write all of my securities exams again. How do I prevent my licenses from expiring?

  4. How does piggyback registration work?

  5. Do I need to be a U.S. citizen to sit for any NASD examinations?

  6. Where do I get a certificate or other evidence of passing the Series 63 exam?

  7. If my employment with my current firm terminates relatively soon, do I have two years before my FINRA exams expire no matter how long I was with the last member firm?

  8. A corporation, which does virtually all of its business in the state where it has its home offices

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  10. If I do not have a U.S. Bachelor's Degree or equivalent, can I still qualify for registration in the CFA program?

  11. What possible past activities will prevent me from becoming a Registered Representative?

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