Fortrend Securities Pty Ltd is the Australian subsidiary of Fortrend Securities Inc. It holds an Australian Financial Services Licence (AFSL) and is responsible for servicing your account.
Fortrend Securities Inc. is a US stock broking company, and member of Financial Industry Regulatory Authority (FINRA). FINRA monitors and regulates the activities of Fortrend Securities Inc. and Fortrend Securities Pty Ltd. Fortrend Securities Inc is also a member of Securities Investor Protection Corporation (SIPC). SIPC protects your assets such as stocks and bonds held by a customer at a financially troubled brokerage firm. Please click here to view the SIPC brochure.
Fortrend Securities Inc has arrangements with Pershing LLC (Pershing) to act as its clearing firm. Pershing is responsible for the custody of assets, publishing statements, confirmations, sending proxy material and processing corporate actions among other things. Basically, Pershing operates like the “back office” while Fortrend is the “Front Office” and is responsible for service and advice.
Pershing LLC Financial Services Guide
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Fortrend Securities Pty Ltd (ACN 055 702 693, AFSL 247261) is wholly owned subsidiary of Fortrend Securities Inc. Fortrend Securities Inc is a member FINRA, SIPC and is registered with the Securities Exchange Commission. Fortrend Securities makes no representations as to the completeness, accuracy, reliability or suitability of this information. Fortrend Securities does not offer any information in this website as a substitute for independent financial advice and recommends that prior to making any decision based on any information in this website, you should obtain independent financial advice in respect of any specific requirements or any investments contemplated by the reader. The advice has been prepared without taking into account the customers objectives, financial situation and needs. Customers should consider the appropriateness of the advice by taking into consideration your objectives, financial situations and needs before acting on the advice. | |