broker-dealer

Noun

Meaning

a financial specialist who trades for his own account and so acts both as a broker and principal

Synonyms

Hypernyms

Examples

ALPS Distributors, Inc., a registered broker-dealer, is distributor for SPDR shares, MidCap SPDRs and Dow Jones Industrial Average, all unit investment trusts and Select Sector SPDRs. Source: Internet

Keefe, Bruyette & Woods, Inc. (KBW), a full-service investment bank and broker-dealer that specializes in the financial services sector, and a wholly owned subsidiary of Stifel Financial Corp. Source: Internet

Coinbase is on track to operate a regulated broker-dealer. Source: Internet

“I don’t think it’s any secret that we’re going to make a big effort to try to bring clarity and harmony to the investment advisor, broker-dealer standards of conduct,” he said at the Practising Law Institute’s SEC Speaks event in Washington. Source: Internet

If you have a specific complaint about the trading of a security, a broker-dealer, or registered representative, please register your complaint with an appropriate regulatory entity. Source: Internet

James Gorman, CEO of Morgan Stanley, loves life at his firm eight months after it dumped an industry agreement called the protocol for broker recruiting, which makes it easier for advisers to leave to join another broker-dealer. Source: Internet

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