Broker-Dealers and Securities Salespersons Licensing
Information about Washington State Broker-Dealers and Securities Salespersons licensing.
- Spotting Financial Exploitation: Training for Employees of Financial Institutions
- Alert from DFI to Those who are Considering Selling Life Settlement Investments
- New Laws Concerning the Financial Exploitation of Vulnerable Adults
Information for Applicants
- Information about Canadian Broker-Dealers exemption
- Registration requirements for FINRA member firms and salespersons
- Registration requirements for non-FINRA broker-dealers and salespersons
- How to apply for a FINRA examination
- Vendors who supply study materials for
- Selected Statutory Provisions and Rules
- Other Useful Links
Information for Investors
Broker-dealers, securities salespersons, agents of securities issuers, franchise brokers, and commodities brokers operating in Washington State are required to be licensed with the Securities Division. The Securities Division reviews applications for the qualifications of their principals, and the disciplinary history of the firm or its principals.
Applications received for personal licensing are reviewed for disciplinary history and to ensure that appropriate examinations have been passed.
To check to see if a Broker-Dealer Firm, a Broker-Dealer or Broker-Dealer representative is registered, contact IALicensing@dfi.wa.gov or call 360-902-8815. They will be able to tell you not only if a Firm is registered to do business in Washington, but they will also be able to give you some information about past disciplinary history and other pertinent information.
You can also look up registration information for securities broker-dealers and salespersons who are members of the Financial Industry Regulatory Authority (most are) on the FINRA Website. The site will also tell you if the firm or person has disciplinary history, and then you can request that the information be sent to you.