Central Registration Depository


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CRD

A central database with information on individual brokers, investment advisors, and so forth. The CRD provides information on their backgrounds, education, licensing, and perhaps, most importantly, whether or not clients have complained about them or if they have ever been disciplined by an exchange, the SEC, or a professional organization.

Central Registration Depository (CRD)

A computerized database with information about most brokers, some investment advisers, their representatives, and the firms they work for. The CRD provides information about brokers' educational backgrounds, regulatory problems, and investor complaints.

Central Registration Depository (CRD).

The Central Registration Depository (CRD) is an automated database maintained by NASD.

The database contains records and information about registered securities employees, including employment history, licensing status, the firms that employ them, and any disciplinary actions taken against them.

You can access some of the information about a broker's regulatory background and registration in the database free of charge through NASD's BrokerCheck service at www.nasd.com. You can generally obtain even more extensive information from the CRD through your state's securities regulator.

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References in periodicals archive ?
The banking agencies are working with the NASD to arrange for the NASD's new Central Registration Depository to maintain registration information filed with the banking agencies.
Schapiro said the information drawn from the Central Registration Depository, a broker licensing computer system, could be on the Internet as early as 1997, but no specific schedule has been determined.
Users may search for actions by case number, document text, document type, action date (by date range), a combination of document text and action date, individual name and Central Registration Depository (CRD[R]) number, or firm name and CRD number.
Specifically, SEC staff recommends that FINRA continue to analyze the feasibility and advisability of expanding BrokerCheck to include additional information available in the Central Registration Depository (CRD) system (e.
Under FINRA rules, a securities firm must ensure that information on its representatives' applications for registration (Forms U4) is kept current in FINRA's Central Registration Depository (CRD).

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