Central Registration Depository (CRD)

DEFINITION of 'Central Registration Depository (CRD)'

A database used by the National Association Of Securities Dealers and the North American Securities Administrators Association to store and maintain information on registered securities and broker firms. The Central Registration Depository can be used like a background check on brokers, showing any complaints that may have been filed against them.

BREAKING DOWN 'Central Registration Depository (CRD)'

The Financial Industry Regulatory Authority (FINRA) BrokerCheck program, which provides background information on brokers and firms to potential investors, uses the information gathered in the CRD to create and update their site. You can get this information from your state securities regulator or from FINRA.

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

    Learn more about the use of Series 63 exam results and how passing information is provided to regulators and employers. Find ... Read Answer >>
  2. What is the Central Registration Depository?

    The Central Registration Depository (CRD®) is an automated database used by the NASD and the NASAA to store and maintain ... 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. If my employment with my current firm terminates relatively soon, do I have two years ...

    Yes. When your employment ends with the current firm, your registration with the Financial Industry Regulatory Authority ... Read Answer >>
  5. Why do brokers ask for personal information before they make any trades?

    According to the Securities and Exchange Commission (SEC), there are three main reasons why a broker will ask for personal ... Read Answer >>
  6. If an issuer wishes to register a security in the state ...

    The correct answer is a. Registration by coordination is permitted when the issuer has filed a registration application with ... Read Answer >>
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