Persons Registered as Brokers or Dealers Law and Legal Definition

The term persons registered as brokers or dealers includes "any person who is a member of a national securities exchange other than a government securities broker or government securities dealer registered under 15 USCS § 78o-5(a)(1)(A)." [15 USCS § 78lll; Title 15. Commerce and Trade; Chapter 2b-1. Securities Investor Protection]