Anchorage Finance

Feb 15 2019

Broker Dealer Firms

#broker #dealers, #list #of #broker #dealers, #broker #dealer #database, #directory #of #broker-dealers # What is a broker-dealer? A broker-dealer is a financial firm that trades securities either for its own account or on behalf of other firms. If a broker-dealer firm is trading securities on behalf of a customer account, it is acting as an agent or a broker whereas if the broker-deal firm is trading securities on behalf of its own account, it is acting as a principal or a dealer. Broker-Dealer Registration Most brokers and dealers must register with the SEC unless they transact all of their business …