SIE practice questionmediumBrokerCheck
Which of the following disclosures would appear on a registered representative's BrokerCheck report?
- AA settled customer arbitration award of $15,000✓ Correct answer
- BThe representative's personal credit score
- CThe representative's personal investment portfolio
- DInternal performance reviews from the firm
Explanation
Why A — A settled customer arbitration award of $15,000
BrokerCheck displays information from the CRD system including: registration and employment history, customer complaints and arbitrations (settlements of $15,000 or more for reps), regulatory actions, criminal disclosures, and certain financial events like bankruptcies or unsatisfied judgments/liens. It does NOT display personal credit scores, investment portfolios, or internal firm evaluations. The $15,000 threshold for reporting customer complaint settlements on CRD is a key detail for the SIE exam.
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