Series 26: Networking Arrangement Guidelines

Networking Arrangement Guidelines

A networking arrangement is a written agreement between a member firm and a banking institution under which the firm offers its brokerage services on the premises of the bank (or off). Through such an agreement, a bank may provide its customers with services it cannot offer on its own, and each entity potentially draws new customers to the other.

A member firm that enters a networking arrangement is required to clearly identify itself as distinct from the bank whose location it shares. It must opera