FINRA BrokerCheck - Terms & Conditions

1. FINRA collects, compiles, organizes, indexes, digitally converts and maintains regulatory information from registered persons, firms, government agencies and other sources and maintains information in the proprietary Central Registration Depository ("CRD®") database and system. FINRA releases such information through FINRA BrokerCheck, which provides information from the CRD system to the investing public. Your access to FINRA BrokerCheck information provided through FINRA's CRD database and system does not transfer any rights in CRD, FINRA BrokerCheck or related technologies to you.

2. Your use of FINRA BrokerCheck information is conditioned upon your acceptance, without modification, of all terms and conditions of this Agreement. Any information accessed, requested or provided through FINRA BrokerCheck must be accessed, requested and used in accordance with the terms and conditions specified in this Agreement. FINRA reserves any rights not expressly granted under these terms and conditions. Additionally, FINRA reserves the right, at its sole discretion, to modify the terms and conditions for use of FINRA BrokerCheck information at any time by changing this Agreement, and any changes are effective immediately. Such changes will be posted on the FINRA BrokerCheck web-site.

3. CRD and FINRA BrokerCheck are proprietary databases and employ proprietary software, but FINRA makes no exclusive proprietary claim to the information in the FINRA BrokerCheck system that is not created by FINRA. You are neither restricted nor prohibited by FINRA from obtaining a copy of any original filing or information from a non-FINRA source.

4. The information provided through FINRA BrokerCheck shall be used ONLY for your own personal or professional use, and in accordance with all other terms and conditions of this Agreement:
  1. to assist you, your clients or your organization in determining whether to conduct or continue to conduct securities or commodities business with firms or their associated persons;
  2. to assist you, your clients or your organization in judicial proceedings or arbitration proceedings relating to securities or commodities transactions; or
  3. for non-commercial purposes consistent with the promotion of just and equitable principles of trade and the protection of investors and the public interest.
5. The information provided to you through FINRA BrokerCheck is provided to you ONLY for your own personal or professional use. All other uses are prohibited. You agree that you will not duplicate, download, publish, publicly display, modify or otherwise distribute the information retrieved from FINRA BrokerCheck for any purpose other than as expressly permitted by this Agreement. In no event may you offer to others any information retrieved from FINRA BrokerCheck for commercial purposes, or as part of a subscription service or similar arrangement. You agree that you will not use the information retrieved from FINRA BrokerCheck to develop or create a database of information to be sold, licensed or made otherwise commercially available. You agree that you will not use any process to monitor or copy FINRA BrokerCheck information in bulk, or to make voluminous, excessive or repetitive requests for information. You further agree that you will not use any device, software or routine to bypass any software or hardware that prohibits volume requests for information, you will not interfere with or attempt to interfere with the proper working of FINRA BrokerCheck, and you will not take any action that imposes an unreasonable or disproportionately large load on FINRA BrokerCheck or FINRA.

6. All requests for permission to access or use FINRA BrokerCheck for uses other than those described in paragraphs 4 or 5 of this Agreement must be made in writing to FINRA clearly stating the purpose and manner in which FINRA BrokerCheck is proposed to be used. Requests may be submitted to FINRA, FINRA BrokerCheck, 9509 Key West Avenue, Rockville, Maryland, 20850. FINRA, in its sole discretion, may approve or reject any request that is inconsistent with the terms and conditions of use of FINRA BrokerCheck.

7. Provision of information by FINRA pursuant to FINRA BrokerCheck does not constitute a waiver of any of FINRA's rights, privileges, or immunities with respect to the furnishing of disciplinary or registration information.

8. FINRA does not charge for this service, which is offered pursuant to FINRA's responsibilities as a self-regulatory organization, and, in particular, pursuant to Section 15A(i) of the Securities Exchange Act of 1934. In the provision of this service, FINRA makes no warranties of any kind, and disclaims liability to any person for any actions taken or omitted in good faith with respect to this FINRA BrokerCheck. FINRA is not responsible for and cannot verify information from sources other than FINRA, and does not warrant or guarantee the accuracy or completeness of the information requested. Neither FINRA nor any affiliate or supplier shall be liable for any cause of action in contract, tort, or otherwise, for more than the incremental telecommunications cost incurred to connect to the service. Notwithstanding the above, neither FINRA nor any affiliate or supplier shall be liable for any loss of income, trading loss, or consequential, incidental, or indirect damages, regardless of whether FINRA has been informed of the possibility of such damages.

9. Firms, registered persons, government agencies, and other sources file disclosure information with FINRA. Consistent with its responsibilities as a self-regulatory organization, FINRA performs a regulatory review of the disclosure information filed before it makes the information available through FINRA BrokerCheck. Most disclosure information is available through FINRA BrokerCheck within two business days of being filed. In certain limited circumstances, disclosure information may not be available through FINRA BrokerCheck within the usual timeframe, but will be made available as soon as practicable.

10. Consistent with rules, policies and procedures approved by the SEC, FINRA will disclose information on individuals, through FINRA BrokerCheck, for ten years after the termination of the individual's registration with FINRA or a national securities exchange and, in certain cases, indefinitely. Additionally, FINRA will disclose indefinitely information on brokerage firms through FINRA BrokerCheck. Disclosure information reported to FINRA after an individual or brokerage firm has terminated may not have been reviewed by the brokerage firm or individual; in addition, brokerage firms and individuals who are no longer registered are not required to independently report such information.

11. FINRA BrokerCheck includes only information provided to CRD. In substantially all cases, the information provided through FINRA BrokerCheck represents the verbatim record as it was reported to FINRA. However, in certain limited circumstances, FINRA combined information about a single event that was reported by different sources (e.g., a record reporting information on an event that was submitted by a brokerage firm may contain information reported on the same event that was submitted by a regulator). This condition occurred when the data in the Legacy CRD system was converted (i.e., reformatted and transferred) to Web CRD, the Internet-based Central Registration Depository. This condition affects a small percentage of records reported to FINRA prior to August 1999. These converted records contain information that was reported to FINRA in accordance with appropriate reporting protocols applicable to the source filers (e.g., brokerage firms and regulators); however, because of the combination of information from different reporting sources, a record disclosed through FINRA BrokerCheck may not reflect the actual filing submitted to FINRA.

12. The "Individual Broker comments," "Brokerage Firm comments" and "Regulator comments" appear verbatim as they were filed in CRD via Forms U4, U5, and U6. These comments were not written by FINRA and have not been edited by FINRA in any way. FINRA reserves the right to redact customer names, confidential customer information, or offensive or potentially defamatory language from a FINRA BrokerCheck Report consistent with policies and procedures approved by the SEC.