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A Series 7 is the Financial Industry Regulatory Authority's required test administered to prospective registered representatives. Passing the exam demonstrates that a representative has an understanding of the securities markets. The license must be maintained as current in order to legally solicit, purchase and sell securities on behalf of clients. Following the tips listed will provide you a history of regulatory exams a broker has passed, licenses that may be suspended as well as an employment history. It also will list any filings of customer disputes.
Boot up computer and sign onto Internet connection.
Type www.finra.org in the address bar:
Click on the middle column, labeled "Investors." A new page will open.
Click on "FINRA Broker Check" in the far right column. It is the first selection under the "Most Viewed" heading. A new page will open.
Read through the page and select "Start Search" button when ready to proceed.
Agree to the Terms of Service by checking the box and press "Continue."
Select the search parameter as either an individual "Broker" or company "Brokerage Firm." Type in the name of the broker or the securities firm you are seeking information about Press "Start Search."
Enter the authentication code that appears on your screen to prevent SPAM and press "Continue." Be sure caps lock is not on when doing this.
Review the names and select the one that fits the person and company of the search. Scroll over the name of the person and click the hyperlink.
