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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