Pune Media
Leading the news curation and publishing for the people of Pune

Vested Finance becomes a FINRA registered US broker

By Leandra Monteiro

Vested Finance, an investment platform that enables Indian investors to invest in the US markets is now, through its affiliated entity, VF Securities, a FINRA-registered US broker-dealer. It is the only FinTech platform operating in India that has obtained a license from FINRA, which is the regulatory body for brokers and dealers in the United States.

FINRA is regulated and audited by the Securities and Exchange Commission (SEC). FINRA is dedicated to protecting investors and safeguarding market integrity in a manner that facilitates vibrant capital markets. A government-authorized not-for-profit organization, it oversees more than 624,000 brokers across the country and ensures that the industry performs fairly and honestly.

Investments through the Vested platform are now under US broker-dealer regulations: Investments through the Vested platform have always been covered under the Securities Investor Protection Corporation (SIPC) insurance through its clearing firm, Drivewealth, and Securities and Exchange Commission jurisdiction.  Now that Vested is a US broker-dealer, securities investments through the Vested platform also come under US broker-dealer regulations.

Viram Shah, Co-Founder & CEO, of Vested Finance, said, “First, the broker-dealer license helps us build deeper trust with our customers as investors on our platform now know that they are investing via an entity that is regulated both as an RIA and a broker-dealer in the US. The US regulations ensure that investors can participate in the market with confidence. Further, investors will now have access to a wider gamut of securities on our platform which gives them more investing options.”

Investors can now access 5,000+ stocks and ETFs via Vested: So far, investors were able to invest in 1,500+ stocks and ETFs through the Vested platform, but with this license, they can now get access to a wide universe of 5,000+ securities on Vested. To get access to all these securities, Vested users with an existing ‘classic’ account can update to the ‘all-access’ account free of cost.

Previous Article

LHV UK to acquire Bank North’s SME lending business

Read More

Next Article

OatFi emerges from stealth to improve working capital for SMBs with $8m in seed round

Read More

IBSi Daily News Analysis

Anti money laundering, UK

October 13, 2022


UK-registered LLPs are often used for money laundering and corruption, survey shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage

Subscribe Now

Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.

Aggregated From –

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More