Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Will clearing firms have access to FINRAs Central Registration Depository (CRD) database in order to retrieve the CRD numbers of their correspondent firms?

April 26, 2017clearing crd database Depository FINRA firms registration

0

Posted

Will clearing firms have access to FINRAs Central Registration Depository (CRD) database in order to retrieve the CRD numbers of their correspondent firms?

1 Answer

0

Posted

No. A clearing firm will only be able to access its own CRD numbers through the CRD database. If a clearing firm is filing an extension of time request on behalf of a correspondent firm, the clearing firm must obtain the applicable CRD number from the correspondent firm.