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. What metrics can be used to evaluate companies in the wholesale sector?

    Find out which metrics are used for the analysis and valuation of wholesale distributors, and learn what makes a metric appropriate ...
  2. Is the banking sector subject to any seasonal trends?

    Explore the unexpected seasonal trends that can be discerned regarding the banking industry and the financial services sector ...
  3. What countries are driving most of the growth of the Internet sector?

    Learn which countries are expected to lead the growth of the Internet sector in the short term. Most of the growth comes ...
  4. What measures can be used to evaluate the capital adequacy of a bank?

    Examine some of the different financial measurements that are most commonly used to assess capital adequacy within the banking ...
RELATED TERMS
  1. Credit Card Blocks

    The reserving of a portion of a credit or debit card balance ...
  2. Equivalent Flat Rate

    The rate at which a flat rate insurance guarantee scheme and ...
  3. Never Pay Strategy

    A colloquial term used to describe an individual who opens a ...
  4. Negative Option Deals

    A dubious business practice that involves supplying a typically ...
  5. Deficiency Balance

    The amount owed to a creditor if the sale proceeds from the collateral ...
  6. G.19 Report

    A monthly statistical report from the U.S. Federal Reserve that ...

You May Also Like

Related Articles
  1. Investing

    Facebook Vs. Weibo

  2. Stock Analysis

    Apple's Secret Plan To Change Augmented ...

  3. Stock Analysis

    Medallion Financial: NYC Loans Come ...

  4. Stock Analysis

    Merck Takes Aim at Gilead. Should You ...

  5. Stock Analysis

    Why EMC's Acquisition of Virtustream ...

Trading Center