Associated Person of a Broker or Dealer Law and Legal Definition

Associated person of a broker or dealer means:

a. any partner, officer, director, or branch manager of such broker or dealer, or any person occupying a similar status or performing similar functions;

b. any person directly or indirectly controlling, controlled by, or under common control with such broker or dealer; or

c. any employee of such broker or dealer. [15 USCS § 78c].