broker-dealer

(redirected from Broker Dealers)
Also found in: Thesaurus, Financial.

broker-dealer

n
(Stock Exchange) another name for stockbroker
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.broker-dealer - a financial specialist who trades for his own account and so acts both as a broker and principalbroker-dealer - a financial specialist who trades for his own account and so acts both as a broker and principal
dealer, principal - the major party to a financial transaction at a stock exchange; buys and sells for his own account
Mentioned in ?
References in periodicals archive ?
You can recognize these broker dealers by the following traits:
The firm also provides execution and clearing solutions for other broker dealers.
twentieth century, both broker dealers and regulators viewed the
(84) Because broker dealers in particular would be unfamiliar with the fiduciary standard, the SEC "Staff believes that the Commission should help broker-dealers identify their conflicts of interest ...
If the uniform fiduciary standard pushes through, we may be looking at an increase in sales of insurance-company-owned broker dealers going forward.
Use of Finders and Solicitors: The Commission should review the use of finders and solicitors by investment advisers and broker dealers and consider whether to provide additional guidance or harmonize existing regulatory requirements to address the status of finders and solicitors and their respective relevant disclosure requirements to assure that retail customers better understand the conflicts associated with the solicitor's and finder's receipt of compensation for sending a retail customer to an adviser or broker-dealer.
Continuing education requirements, such as those required of broker dealers and their employees, also would be imposed to ensure continued familiarity with industry practices, securities issues, and regulatory requirements.
GFOA strongly supported passage of the 1993 amendments, which came about as a result of the egregious sales practices of broker dealers and the losses suffered by state and local communities, as well as savings and loans and thrift institutions.
Recruiting has been impacted to a degree, primarily in the form of recruiter layoffs at several broker dealers.
As FINRA has become increasingly heavy-handed with broker dealers, it seems to trickle down, with broker-dealers' compliance departments being increasingly heavy-handed with the reps.