SIE: Carrying Firm

Taken from our Securities Industry Essentials Exam

Definition of the term Carrying Firm...

a broker-dealer that executes and clears customer transactions and keeps custody of customers’ funds and securities. Also, clearing firm.

Since you're reading about SIE: Carrying Firm, you might also be interested in:

Solomon Exam Prep Study Materials for the SIE
Please Enable Javascript
to view this content!