Covered Broker or Dealer [Banks & Banking] Law and Legal Definition
Pursuant to 12 USCS § 5381 (7) [Title 12. Banks and Banking; Chapter 53. Wall Street Reform and Consumer Protection; Orderly Liquidation Authority], the term covered broker or dealer means “a covered financial company that is a broker or dealer that--
(A) is registered with the Commission under section 15(b) of the Securities Exchange Act of 1934 (15 U.S.C. 78o(b)); and
(B) is a member of SIPC (Securities Investor Protection Corporation).”
Legal Definition list
- Covered Broker or Dealer [Banks & Banking]
- Covered Beryllium Illness
- Covered Allied Persons
- Covered Air Carrier [Aeronautics and Space]
- Covered Agreement
- Covered Civil Action
- Covered Class Action
- Covered Clearing Obligation
- Covered Clinical Study [Food and Drugs]
- Covered Commodity
- Covered Contractual Payment Entitlement
