Financial Enforcement Action
Financial Enforcement Action is a background check of five federal banking agencies that provides names of individuals who are barred from working for and/or doing business with financial entities. Agencies checked include: Board of Governors of the Federal Reserve System (FRB), Federal Deposit Insurance Corporation (FDIC), National Credit Union Administration (NCUA), Office of the Comptroller of the Currency (OCC), and Office of Thrift Supervision (OTS).
Financial Industry Regulatory Authority
Central Records Depository (FINRA-CRD)
A search of public records from the Financial Industry Regulatory Authority (FINRA) Central Records Depository (CRD), formerly known as the National Association of Securities Dealers Central Records Depository (NASD-CRD). Employers in the financial services industry can use it to check the professional background of current and former FINRA-registered securities firms and brokers. The database includes records provided by individual brokers, FINRA member firms and securities regulators as part of the securities industry registration and licensing process.
SEC Decisions, Orders, and Releases
SEC Decisions, Orders and Releases searches administrative materials to determine if an individual has been
named in any administrative decisions, administrative proceedings, administrative proceedings rulings,
Administrative Law Judge (ALJ) initial decisions, EDGAR File Manual, Market 2000 Report and interpretive
releases. Because SEC Decisions, Orders and Releases searches SEC administrative materials to
determine if an individual has been named in any decision, order or release, it is intended
for those in the financial industry as well as for executive and high-level financial
positions.
SEC Filings
The SEC requires all publicly owned companies, foreign and domestic, to file registration
statements, periodic reports and forms. SEC Filings searches these reports and forms to
confirm that an individual served as an officer or member of a company’s board of
directors. It is recommended when hiring executives whose previous experience
includes officer or board of director positions of a publicly owned company.
