• Broker-Dealer Registration: Is There a Federal Finder's Exemption?
  • November 10, 2006 | Author: David Burton
  • Law Firms: Haynes and Boone, LLP - Richardson Office; Haynes and Boone, LLP - Dallas Office
  • In order to determine whether a person or entity acts as a broker, the SEC looks at the activities that the person or entity actually performs. The SEC sets forth three questions, and if the person or entity answers any with a "yes" answer, they may need to register as a broker.