Broker-dealer Today

The hyphenated name reflects the two distinct capacities in which these firms operate:

: They assist companies in raising capital by helping to sell new issues of stocks or bonds to the public. broker-dealer

Because they handle vast amounts of public money, broker-dealers are heavily regulated to ensure market integrity and investor protection: Broker-Dealer (B-D) Explained: Roles, Types & Functions The hyphenated name reflects the two distinct capacities

Understanding Broker-Dealers: The Hub of Financial Markets A (B-D) is a person or company that buys and sells securities—such as stocks, bonds, and mutual funds—either for their own account or on behalf of their customers. They serve as essential intermediaries in the financial ecosystem, providing the infrastructure necessary for modern trading. Dual Roles: Broker vs. Dealer broker-dealer