{"iri":"http://lmss.sali.org/RDbDt5n4osubVafgim4zlMK","id":"RDbDt5n4osubVafgim4zlMK","label":"Broker-Dealer","definition":"A Broker-Dealer is a financial firm or individual that buys and sells securities on behalf of clients (acting as a broker) or for its own account (acting as a dealer). Broker-dealers are essential in facilitating securities transactions, providing market liquidity, and offering investment advice and services to individual and institutional investors.","prefLabels":["Market Maker"],"altLabels":["Securities Broker","Securities Firm","Trading Firm"],"examples":["Goldman Sachs & Co. LLC: An investment bank with broker-dealer operations facilitating securities trading and market making.","Morgan Stanley & Co. LLC: A global financial services firm offering broker-dealer services among other financial solutions."],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/R8CdMpOM0RmyrgCCvbpiLS0","label":"Actor / Player"},"parents":[{"iri":"http://lmss.sali.org/R9Q9CszYRTjTgwQ8JRqVZ0x","id":"R9Q9CszYRTjTgwQ8JRqVZ0x","label":"Broker"}],"children":[],"relations":[],"url":"https://lmss.io/tag/RDbDt5n4osubVafgim4zlMK/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}