Broker-dealer
A broker-dealer is a person or firm engaged in securities transactions or related activities that may require registration. Definitions and requirements depend on the facts and applicable rules.
Why it matters to a capital raiser
I get securities counsel's input before asking anyone to find investors or handle transaction-based compensation.
Related terms
A term can mean something different in a particular deal, so read it with the governing documents. General education only. Not legal, tax or investment advice.