FINRA plans to significantly expand the information it provides about brokers via its free online tool, BrokerCheck, in the coming months.

It will increase the number of customer complaints reported publicly, as well as extend the public disclosure period from two years to 10 years for the full record of a broker who leaves the industry. It also plans to make some information about former brokers available permanently, such as criminal convictions and certain civil actions and arbitration awards against the broker.

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