Details on a brokers background and qualifications are available for free onFINRAs BrokerCheck website.
Using BrokerCheck, you can search for a brokerage firm or individual broker by name or registration number, and link to state regulators websites.
For individual brokers, BrokerCheck will tell you:
The brokers employment history for the past 10 years, in and outside the brokerage industry
What licenses the broker holds and where the broker is registered
The qualification exams the broker has passed
BrokerCheck also will tell you whether the broker has been:
Charged or convicted of any criminal felonies
Charged or convicted of any investment-related misdemeanors
Subject to any industry disciplinary actions or investigations by regulators
Involved in any investment-related civil actions or proceedings
Named in any consumer-initiated complaints, arbitration proceedings, or civil law suits
Terminated by an employer following allegations of misconduct or failing to supervise subordinates
In addition to BrokerCheck, FINRA has a separate database for viewing FINRAs disciplinary actions against brokers.
You can search for cases and actions back to 2006 that are eligible for publication pursuant toFINRA Rule 8313 (Release of Disciplinary Complaints, Decisions and Other Information). You can search theFINRA Disciplinary Actions Onlineby individual name, firm name, case number, date range, document type, document text, or CRD number. Results will include opinions issued by the SEC and federal appellate courts that relate to FINRA disciplinary actions that have been appealed.