FINRA Broker Check

Discussion in 'Prop Firms' started by snowbren, Feb 23, 2010.

  1. snowbren


    Hi trading community,

    Just a quick question...if one joins a prop firm that is a member of CBSX and fills out the U-4 , will the results and previous U-10 Series 60-x licenses show up in FINRA's Broker Check? The fingerprint cards had FINRA cited. There does not seem to be a comparable Broker Check on the CBSX website, so I was curious whether the U-4 info becomes public domain.

    Thanks for any insight!
  2. call up the CBOE then
  3. snowbren


    Thanks, I might fire off an e-mail and see what they say is the norm.

  4. any update?
  5. snowbren


    No, still pending their reply from the online contact form. Will let you know if anything comes through.
  6. cstfx


    Dude, it's the weekend!
  7. snowbren


    Yeah I no rush for Monday LOL
  8. snowbren


    Okay, I received this reply from CBOE:

    "The CBOE doesn't hold licensing for all exams, so once the U-4 has been
    submitted by the firm, they must check the appropriate registration
    under CBOE and that exam would need to be completed along with
    submission of cleared fingerprints in order for the information to
    appear on WebCRD. If the appropriate exam has already been completed
    and doesn't appear on CRD, you'll need to contact the testing
    center(s)(Prometric - 800-578-6273 or Pierson - 866-578-6273) and/or
    FINRA's Gateway call center (301-590-6500) to have the exam(s) listed,
    as CBOE does not see or enter exam results."

    So, it looks like contacting the exam company might work if the exams are not displayed on the Finra Broker Check.
  9. This FINRA site is awesome.
  10. snowbren


    And I received one final follow-up from CBOE, essentially stating: "I think the only time a license will be listed, is if you're currently registered with a Member firm or if your status has terminated with a Member firm, the license status will still appear, but with a status of terminated. I think if you contact the Gateway Call Center, they may be able to best answer your questions."
    #10     Mar 5, 2010