New NASD Broker-Check Complements Caveat Emptor Search

The NASD has improved its online service for investors to conduct due diligence on their financial advisers. Go to www.nasdr.com

Coupled with FinancialCounsel.com's own Caveat Emptor search of significant regulatory / disciplinary history, information for investors now includes: current employers; a 10-year employment history; other businesses the individual engages in; all approved licenses and registrations; qualification exams passed, criminal felony charges and convictions; investment-related misdemeanor charges and convictions; disciplinary actions and investigations by regulators; investment-related civil judicial actions and proceedings; most consumer-initiated complaints, arbitration proceedings and civil litigations; unsatisfied judgments and liens; bankruptcy proceedings; and, employment terminations that follow allegations of misconduct or failure to supervise.

Source: NASD News Release, March 19, 2007