Form BD
Uniform application for broker-dealer registration.
Detailed Explanation
Form BD is the uniform application form for broker-dealer registration with the SEC, SROs, and state jurisdictions. It collects detailed information on the firm's background, including its principals, controlling persons, and any history of regulatory, civil, or criminal violations. The form must be kept current with amendments filed whenever information changes. It serves as the central record of a broker-dealer's identity and regulatory standing.