Are CRD and IARD the same?

Web CRD is a state-of-the-art Web application for the registration of broker/dealers and their representatives. IARD provides regulators with the ability to monitor and process Investment Adviser information via a single, centralized system.

What is the IARD system?

IARD is an electronic filing system that facilitates investment adviser registration, exempt reporting adviser filing, regulatory review, and the public disclosure information of registered investment adviser firms and individuals. FINRA is the developer and operator of IARD.

What is CRD for investment advisor?

CRD stands for Central Registration Depository, which is a database that holds information about financial advisors and brokerage firms. Every financial advisor (“registered representative”) licensed to sell securities in this country has what is a called a CRD number.

What is CRD payment?

Central Registration Depository (CRD) on the Web “Web CRD also facilitates the processing and payment of registration-related fees such as form filings, fingerprint submissions, qualification exams, and continuing education sessions. Web CRD is a secure system for entitled users only.

What is an exempt reporting adviser?

Exempt Reporting Advisers (“ERAs”) are investment advisers that are not required to register as an adviser with the U.S. Securities Exchange Commission (“SEC”) or state regulators, but must still pay fees and report public information via the IARD/FINRA system.

What is CRD number?

What is a CRD Number? Licensed brokers and brokerage firms all have a unique Central Registration Depository (CRD) number. This CRD number can be used by the public to search an online database containing detailed information about both individual brokers and financial firms.

How do I get CRD?

Interested parties can also access CRD data by calling BrokerCheck toll-free at (800) 289-9999. Investors can also find such information through their state’s securities regulator or via the North American Securities Administrators Association.

Do individuals have CRD numbers?

FINRA manages the Central Registration Depository (CRD) program. This program covers the licensing and registration of individuals and firms in the securities industry in the United States. When a broker or firm registers with FINRA, the regulator assigns them a CRD number.