Registered Representative (RR)

Registered Representative (RR)

A person who works for a brokerage company that is licensed by the Security and Exchange Commission (SEC) and acts as an account executive for clients trading investment products such as stocks, bonds and mutual funds. Also known as an "account executive".

It is also refers to a person registered with the Commodity Futures Trading Commission (CFTC) who works for a commission house or a futures commission merchant.

Notes:

To become licensed as a Registered Representative to act as agent in the buying and selling of securities, a person must pass the Series 7 and Series 63 securities examinations. Also, the person must work for a brokerage licensed by the SEC, NYSE and NASD.

See also: Agent, Broker-Dealer, CFTC, Full Service Broker, NASD, NYSE, SEC, Series 63, Series 7