Why does FINRA offer the BrokerCheck service?
FINRA is dedicated to creating a safer environment for investors in today’s complex investment landscape. To that end, consistent with its responsibilities under the federal securities laws, FINRA has adopted rules for disclosing information about FINRA-registered brokerage firms and brokers to help investors determine whether to conduct, or continue to conduct, business with these brokerage firms and brokers.
FINRA is dedicated to creating a safer environment for investors in today’s complex investment landscape. To that end, consistent with its responsibilities under the federal securities laws, FINRA has adopted rules for disclosing information about FINRA-registered brokerage firms and brokers to help investors determine whether to conduct, or continue to conduct, business with these brokerage firms and brokers, as well as to provide the public with access to information about formerly registered brokers who, although no longer in the securities industry in a registered capacity, may work in other investment-related industries or may seek to attain other positions of trust with potential investors and about whom investors may wish to learn relevant information.
