Call Now For a Free Consultation:
(614) 532-4576
Nationwide Representation

Avoiding Securities Fraud: What a CRD Number Tells You

As a securities fraud attorney, I constantly encourage clients, friends, and family members to always put in a little research before agreeing to an investment opportunity. If you want to check up on your broker before you decide to invest, one of the first pieces of information you should obtain is your broker’s CRD number. The CRD number allows you to access a lot of information about your broker’s background, which you can then use to decide if a broker or investment opportunity looks legitimate. You can access this information through FINRA’s BrokerCheck service.

What Information Can I Obtain with a Broker’s CRD Number?

BrokerCheck allows you to access information about individual brokers and brokerage firms. When you look up an individual broker’s number, you find details about:

  • The broker’s history and credentials.
  • Complaint and disciplinary history.
  • Employment history over the last ten years.
  • Registration, licensing, and even industry exam results.

Although we often stress looking up your individual broker, it can also be helpful to look up information about the brokerage firm itself. Using a firm’s number, you can access information about the business in general and:

  • Licensing and registration.
  • Who owns the firm.
  • Any history of changes in name and/or ownership.
  • Disciplinary actions and securities arbitration awards against the firm.

If you have already suffered losses due to broker misconduct, speak with an experienced securities fraud attorney today. We also encourage you to request your free copy of our helpful book Five Signs of Investment Fraud …And What to Do if it’s Happened to You.

The information contained in The Firm’s posts on its blog, fraud alerts, investigations or elsewhere on the site is based upon information obtained from other sources including, but not limited to, news outlets and federal, state, and regulatory agency filings. All suspects and subjects of postings herein are presumed innocent until proven guilty in a court of law or administrative action and any and all crimes are alleged until a court or regulatory agency finds otherwise .

Share This Story
If you found the information provided by this article useful, consider sharing to your social media channels to help others in their search for reliable resources.
Consult with Our Legal Team
There is never a cost associated with a consultation
Atlanta Office

945 East Paces Ferry Road, Suite 2275
Atlanta, GA 30326
Columbus Office

305 W. Nationwide Blvd
Columbus, OH 43215
Meyer Wilson
New Orleans Office

900 Camp Street 
Suite 337
New Orleans, LA 70130
Los Angeles Office

2029 Century Park East,
Suite 400N
Los Angeles, CA 90067
Cleveland Office

4781 Richmond Rd.
Suite 400
Warrensville Heights, OH 44128
Bloomfield Hills Office

41000 Woodward Ave.,
Suite 350
Bloomfield Hills, MI 48304
Quick Links
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter. No recipients of content from this site, clients or otherwise, should act or refrain from acting on the basis of any content included in the site without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from an attorney licensed in the recipient's state. Read More
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter.
Read More
chevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram