Skip navigation

Broker compensation

or Register to post new content in the forum



  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Oct 27, 2005 9:59 pm

I got a question on compensation, if you are a independent Broker for a B/D and get paid out your commissions every month. What is the rule for compensation of Idependent reps, does the B/D 1099 you as an individual or can the B/D 1099 you as a DBA (doing business as), broker dealers have to pay registered individuals or entities. Does anyone know ???