Eccleston Law: For Investors. For Advisors
About
Who We Are
Testimonials
Disclaimers
Attorneys
For Advisors
Broker Transition
Transition Negotiations
Employment Matters
State Registration Problems & Discipline
FINRA Matters
Promissory Note Matters
Team/Parnership Disputes
CFP Board Matters
FINRA Enforcement Matters
State Registration Problems & Discipline
Transition Negotiations
Broker Litigation & Arbitration
Employment Matters
Regulatory Matters
Strategic Consulting
Whistleblower Law
Promissory Note Matters
Compliance Protection
Lawyer Referral Network
Expungement of CRD/BrokerCheck Disclosures
For Investors
Securities Fraud
Breach of Fiduciary Duty
Negligent Investment Management
Unauthorized Trading
Lawyer Referral Network
News & Articles
News
Articles
Financial Counsel Blog
Videos
Newsletter Signup
Contact
Site Menu
About
Who We Are
Testimonials
Disclaimers
Attorneys
For Advisors
For Advisors: Overview
Broker Transition
Broker Transition Overview
Transition Negotiations
Employment Matters
State Registration Problems & Discipline
FINRA Matters
Promissory Note Matters
Team/Parnership Disputes
CFP Board Matters
FINRA Enforcement Matters
State Registration Problems & Discipline
Transition Negotiations
Broker Litigation & Arbitration
Employment Matters
Regulatory Matters
Strategic Consulting
Whistleblower Law
Promissory Note Matters
Compliance Protection
Lawyer Referral Network
Expungement of CRD/BrokerCheck Disclosures
For Investors
For Investors: Overview
Securities Fraud
Breach of Fiduciary Duty
Negligent Investment Management
Unauthorized Trading
Lawyer Referral Network
News & Articles
News
Articles
Financial Counsel Blog
Videos
Newsletter Signup
Contact

Key Points Regarding CRD and BrokerCheck Expungement for Registered Representatives

Posted on August 6th, 2018 at 10:24 AM
Key Points Regarding CRD and BrokerCheck Expungement for Registered Representatives

From the Desk of Jim Eccleston at Eccleston Law LLC:

This is the first in a series of posts to help guide registered representatives through the process of expungement of customer complaints and other fake or misleading information on their public record.  

To begin, all registered representatives are part of the CRD system. The CRD system is the central licensing and registration system for the U.S. securities industry and its regulators, which contains the registration records of more than 3,700 registered broker-dealers, and the qualification, employment and disclosure histories of more than 629,000 active registered individuals.

Maintaining a clean CRD record is significant for the following reasons:

  • Investors use the CRD system through FINRA’s Brokercheck system to check the background of a registered representative; and
  • Broker-dealers rely on the CRD when reviewing a registered representative’s employment application.

Registered representatives may seek to expunge information from their CRD record, including customer dispute information, criminal incidents and employment termination information.  

The securities attorneys at Eccleston Law, LLC assist advisors in filing CRD expungement claims.  Please contact our law firm at 312.332.0000 for a free consultation.

The attorneys of Eccleston Law LLC represent investors and advisors nationwide in securities and employment matters. The securities lawyers at Eccleston Law also practice a variety of other areas of practice for financial investors and advisors including Securities Fraud, Compliance Protection, Breach of Fiduciary Duty, FINRA Matters, and much more. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services. If you are in need of legal services, contact us to schedule a one-on-one consultation today. 

Related Attorneys: James J. Eccleston

Tags: james eccleston, eccleston law, eccleston law llc, eccleston, SEC, Fossil Energyexpungement

Share

Return to Archive

Latest Articles
Advisor Barred for Failing To Comply with FINRA Enforcement Requests
April 9th, 2021 at 10:29 AM
Interactive Brokers and Schwab Plan to Fight $4.6 Million Arbitration Award
April 8th, 2021 at 2:30 PM
Read More »
Latest News
Affidavit of Merit Received in Eccleston Law’s $25 Million Legal Malpractice Action
April 1st, 2021 at 9:36 AM
Jim Eccleston Awarded Prestigious Recognition
February 26th, 2021 at 9:13 AM
Read More »
Share

Request a Free Consultation

Attorneys are standing by during regular business hours. Call us now for immediate service, or complete the form below and we will contact you as soon as possible.

Your E-mail Address:
 
Chicago
55 West Monroe St.
Suite 610
Chicago, Illinois 60603
(312) 332-0000
(312) 332-0003
New York City
One Liberty Plaza
165 Broadway, 23rd Floor
New York, New York 10006
(312) 332-0000
(312) 332-0003
Boca Raton
2255 Glades Road
Suite 324A
Boca Raton, Florida 33431
(312) 332-0000
(312) 332-0003
2021 © Eccleston Law, LLC.
All Rights Reserved.
The law is continuously changing. Please do not rely on information found on this site without consulting a lawyer to determine if any recent changes in the law may have an impact.