What is a fin number?

A Fin number, also known as a Financial Identification Number, is a unique identifier issued by the Financial Industry Regulatory Authority (FINRA) to individuals who work in the financial services industry in the United States. This number is used to track and monitor the professional activities of individuals working in the industry, such as brokers, financial advisors, and investment bankers.

The Fin number is linked to the individual's employment history, qualifications, and any disciplinary actions taken against them by regulatory authorities. It is important for individuals in the financial services industry to maintain their Fin number and keep it up to date to ensure compliance with regulatory requirements.

To obtain a Fin number, individuals must pass the required exams and meet other qualifications set by FINRA. They must also be associated with a registered broker-dealer or other financial institution that is a member of FINRA.

Overall, a Fin number is an important tool in regulating and overseeing the financial services industry to ensure the integrity of the market and protect investors.