Statistics

FINRA is responsible for regulating every broker and brokerage firm doing business with the U.S. public. The selected statistics below are updated on a regular basis.

Key Statistics for 2017

Registered Representatives 630,132
Securities Firms 3,726
Cycle Exams 1,492
Branch Exams 914
Reviews for Cause in the Examination Program 5,407
Market Events Processed 36 billion every day
Fines $64.9 million
Restitution $66.8 million
Individuals Barred 492
Individuals Suspended 733
Firms Expelled 21
Firms Suspended 29
Fraud and Insider Trading Cases Referred for Prosecution 855

Regulatory Actions and Corporate Financing Review 2013 – 2017

Regulatory Actions 2017 2016 2015 2014 2013

Investor Complaints Received1

3,002

3,070

3,250

2,802

2,334

New Disciplinary Actions Filed

1,369

1,434

1,512

1,397

1,535

Formal Actions Resolved

936

1,093

1,252

1,110

1,307

Fines2 (in millions)

$64.9

$173.8

$93.8

$132.6

$60.4

Restitution (in millions)

$66.8

$27.9

$96.6

$32.3

$9.7

Firms Expelled

21

24

31

18

243

Firms Suspended

29

26

25

5

383

Individuals Barred

492

517

496

481

4293

Individuals Suspended

733

727

736

705

6703

Advertisements and Sales Communications Reviewed

79,941

92,489

99,776

113,646

108,534

Corporate Financing 2017 2016 2015 2014 2013
Total Public Offering Filings 979 755 972 1,139 971
> Corporate Filings4 914 693 901 958 790
> Other Filings5 65 62 71 181 181
Private Placement Filings 2,579 4,018 3,249 3,159 3,0436

Current Registration Statistics for March 2018

Registered Reps Member Firms Branch Offices

629,677

3,719

153,143

Registered Representatives Statistical Review 2003 - 2017

Year Total Registered Reps
at End of Year
Individuals Leaving % of Total Individuals Entering % of Total
2017

630,132

-46,676

-7%

+40,906

+6%

2016

635,902

-50,641

-8%

+43,221

+7%

2015

643,322

-40,421

-6%

+47,036

+7%

2014

636,707

-40,694

-6%

+46,605

+7%

2013

630,796

-43,238

-7%

+43,643

+7%

2012

630,391

-48,136

-8%

+49,009

+8%

2011

629,518

-45,555

-7%

+44,381

+7%

2010

630,692

-47,237

-7%

+44,649

+7%

2009

633,280

-72,564

-11%

+40,869

+6%

2008

664,975

-68,429

-10%

+60,716

+9%

2007

672,688

-54,167

-8%

+68,682

+10%

2006

658,173

-60,368

-9%

+62,709

+10%

2005

655,832

-66,592

-10%

+63,212

+10%

2004

659,212

-59,041

-9%

+64,366

+10%

2003

653,887

-67,245

-10%

+58,821

+9%

Certain data presented here reflect minor adjustments from previously reported data due to technical database corrections.

Member Firm Statistical Review 2003 - 2017

Year Total Firms at End of Year Firms Leaving % of Total Firms Added % of Total
2017

3,726

-205

-6%

+96

+3%

2016

3,835

-232

-6%

+124

+3%

2015

3,943

-244

-6%

+119

+3%

2014

4,068

-222

-5%

+144

+3%

2013

4,146

-249

-6%

+105

+2%

2012

4,290

-303

-7%

+136

+3%

2011

4,457

-294

-6%

+173

+4%

2010

4,578

-330

-7%

+190

+4%

2009

4,718

-339

-7%

+166

+3%

2008

4,891

-323

-6%

+215

+4%

2007

4,999

-312

-6%

+289

+6%

2006

5,022

-327

-6%

+247

+5%

2005

5,102

-379

-7%

+294

+6%

2004

5,187

-376

-7%

+302

+6%

2003

5,261

-422

-8%

+309

+6%

Certain data presented here reflect minor adjustments from previously reported data due to technical database corrections.

Member Firm Branch Offices Statistical Review 2005 - 20177

Year Total Branches at End of Year Branches Closed % of Total Branches Opened % of Total
2017

156,107

-21,796

-14%

+16,397

+11%

2016

159,529

-20,100

-12%

+18,123

+11%

2015

161,506

-18,291

-11%

+18,153

+11%

2014

161,644

-16,537

-10%

+17,608

+11%

2013

160,573

-19,358

-12%

+18,667

+12%

2012

161,264

-25,167

-16%

+25,948

+16%

2011

160,483

-24,838

-15%

+22,474

+14%

2010

162,847

-26,289

-16%

+22,243

+13%

2009

166,893

-37,709

-22%

+32,943

+19%

2008

171,659

-28,539

-17%

+28,912

+17%

2007

171,286

-29,705

-18%

+31,514

+19%

2006

169,477

-28,058

-26%

+91,288

+86%

2005

106,247

-7,243

n/a7

+113,490

n/a7

Certain data presented here reflect minor adjustments from previously reported data due to technical database corrections.


1. Includes complaints directly reported by investors to FINRA.
2. Fines exclude amounts billed by FINRA on behalf of another self-regulatory organization, including the Municipal Securities Rulemaking Board.
3. Includes sanctions resulting from expedited proceedings.
4. Includes equity and debt filings.
5. Includes unlisted REIT and direct participation program filings.
6. The count of private placement filings was revised to exclude amendments as of 6/30/2017.
7. The revised definition of “branch office” took effect on July 3, 2006 (NASD) and September 9, 2005 (NYSE). The Branch Office Registration System launched on October 29, 2005.