U.S. SECRIA investment advisory license in the securities industry
SEC (U.S. Securities and Exchange Commission) is an independent quasi-judicial agency directly under the U.S. federal government and is responsible for the supervision and management of securities in the United States. It is the highest institution in the financial and securities industries in the United States. The U.S. Securities and Exchange Commission (SEC) has quasi-legislative powers, quasi-judicial powers, and independent law enforcement powers, which is equivalent to the highest department of a financial judicial institution independent of the U.S. Congress. It is the highest-level financial sector in the United States and even the world.
SEC Ria license business scope
Large multinational financial investment companies operating in the United States will apply for an SEC RIA (Registered Investment Adviser (RIA)) license. Currently, most of them have obtained RIA licenses. The licensed companies are all large multinational investment banks, as well as large multinational exchanges or trading institutions such as securities, futures, funds, and foreign exchange.
The RIA license is regulated by the U.S. Securities and Exchange Commission (SEC) or state securities departments and is required by companies and individuals who specialize in investment advisory business. In the United States, only a registered investment advisor (RIA) is qualified to provide investors with investment analysis advice on securities products and provide regular investment reports. Only institutions that have obtained this qualification can charge corresponding management fees and assume entrustment responsibilities to customers.
Many well-known institutions have obtained SEC membership:
GAIN Capital Group
US TIGER SECURITIES, INC.< /p>
Interactive Brokers
DriveWealth, LLC
Coinbase, the largest cryptocurrency exchange platform in the United States
TokenClub, China’s largest digital currency investment community (wholly acquired NEW ENGINE consulting company)
CreditEase Wealth, etc.