MEMBER FIRM

By SovConn | June 2, 2013

member firm.Securities. A brokerage firm with at least one director, officer, or general partner who holds a seat in an organized securities exchange. — Also termed (if organized as a corporation) member corporation. [Cases: Exchanges 5–9. C.J.S. Exchanges §§ 9–16, 19, 24–26, 34, 36, 39.]

[Blacks Law 8th]

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