Broker-dealer: Difference between revisions

A [[foreign broker-dealer]] (foreign being from the perspective of the United States of America), means the the poor, huddled  mass of international broker-dealers who never arrived at Ellis Island and have not subsequently been registered with the Securities and Exchange Commission, whereas a [[registered broker-dealer]] denotes those blessed sould who have.

 

Of much interest to those wanting to handle or "effect" transactions in securities with [[US person]]s.