Disciplinary Records by State
Compare broker-dealer firm complaint rates and regulatory actions across 56 states.
| # | State | Total Firms | Active | Total Disclosures | Avg/Firm | Grade A | Grade F |
|---|---|---|---|---|---|---|---|
| 1 | New York NY | 868 | 868 | 7,592 | 8.7 | 513 | 7 |
| 2 | New Jersey NJ | 114 | 114 | 1,470 | 12.9 | 50 | 2 |
| 3 | Missouri MO | 36 | 36 | 1,236 | 34.3 | 9 | 0 |
| 4 | Florida FL | 251 | 251 | 1,152 | 4.6 | 152 | 0 |
| 5 | Illinois IL | 200 | 200 | 1,018 | 5.1 | 99 | 8 |
| 6 | Texas TX | 189 | 189 | 764 | 4.0 | 110 | 1 |
| 7 | California CA | 279 | 279 | 572 | 2.1 | 189 | 0 |
| 8 | Minnesota MN | 42 | 42 | 551 | 13.1 | 18 | 1 |
| 9 | Pennsylvania PA | 81 | 81 | 517 | 6.4 | 39 | 3 |
| 10 | Connecticut CT | 111 | 111 | 392 | 3.5 | 76 | 2 |
| 11 | South Carolina SC | 15 | 15 | 295 | 19.7 | 10 | 0 |
| 12 | Massachusetts MA | 98 | 98 | 280 | 2.9 | 64 | 0 |
| 13 | North Carolina NC | 55 | 55 | 235 | 4.3 | 31 | 0 |
| 14 | Ohio OH | 57 | 57 | 234 | 4.1 | 26 | 0 |
| 15 | Rhode Island RI | 7 | 7 | 219 | 31.3 | 1 | 0 |
| 16 | Georgia GA | 58 | 58 | 150 | 2.6 | 38 | 0 |
| 17 | Arizona AZ | 25 | 25 | 148 | 5.9 | 17 | 1 |
| 18 | Tennessee TN | 42 | 42 | 137 | 3.3 | 23 | 0 |
| 19 | Wisconsin WI | 23 | 23 | 121 | 5.3 | 7 | 0 |
| 20 | Michigan MI | 39 | 39 | 108 | 2.8 | 21 | 0 |
| 21 | Iowa IA | 17 | 17 | 100 | 5.9 | 5 | 0 |
| 22 | Colorado CO | 56 | 56 | 85 | 1.5 | 37 | 0 |
| 23 | Arkansas AR | 7 | 7 | 84 | 12.0 | 2 | 0 |
| 24 | Virginia VA | 43 | 43 | 83 | 1.9 | 26 | 0 |
| 25 | Utah UT | 29 | 29 | 73 | 2.5 | 20 | 1 |
| 26 | Montana MT | 4 | 4 | 50 | 12.5 | 2 | 0 |
| 27 | Alabama AL | 17 | 17 | 40 | 2.4 | 8 | 0 |
| 28 | Maryland MD | 24 | 24 | 38 | 1.6 | 16 | 0 |
| 29 | Washington WA | 29 | 29 | 38 | 1.3 | 17 | 0 |
| 30 | Puerto Rico PR | 16 | 16 | 34 | 2.1 | 11 | 0 |
| 31 | Kansas KS | 20 | 20 | 31 | 1.6 | 7 | 0 |
| 32 | Nebraska NE | 8 | 8 | 29 | 3.6 | 1 | 0 |
| 33 | Indiana IN | 16 | 16 | 26 | 1.6 | 7 | 0 |
| 34 | Oregon OR | 13 | 13 | 24 | 1.8 | 8 | 0 |
| 35 | Kentucky KY | 8 | 8 | 20 | 2.5 | 2 | 0 |
| 36 | Oklahoma OK | 8 | 8 | 20 | 2.5 | 5 | 0 |
| 37 | Louisiana LA | 8 | 8 | 19 | 2.4 | 3 | 0 |
| 38 | Hawaii HI | 4 | 4 | 14 | 3.5 | 1 | 0 |
| 39 | Nevada NV | 13 | 13 | 12 | 0.9 | 9 | 0 |
| 40 | District of Columbia DC | 17 | 17 | 11 | 0.6 | 12 | 0 |
| 41 | Vermont VT | 3 | 3 | 11 | 3.7 | 1 | 0 |
| 42 | Maine ME | 21 | 21 | 9 | 0.4 | 16 | 0 |
| 43 | Delaware DE | 2 | 2 | 7 | 3.5 | 1 | 0 |
| 44 | Mississippi MS | 2 | 2 | 7 | 3.5 | 1 | 0 |
| 45 | Alaska AK | 1 | 1 | 4 | 4.0 | 0 | 0 |
| 46 | West Virginia WV | 2 | 2 | 3 | 1.5 | 1 | 0 |
| 47 | North Dakota ND | 3 | 3 | 2 | 0.7 | 2 | 0 |
| 48 | South Dakota SD | 4 | 4 | 1 | 0.3 | 3 | 0 |
| 49 | American Samoa AS | 0 | 0 | 0 | 0.0 | 0 | 0 |
| 50 | Guam GU | 0 | 0 | 0 | 0.0 | 0 | 0 |
| 51 | Idaho ID | 3 | 3 | 0 | 0.0 | 3 | 0 |
| 52 | New Hampshire NH | 8 | 8 | 0 | 0.0 | 8 | 0 |
| 53 | New Mexico NM | 1 | 1 | 0 | 0.0 | 1 | 0 |
| 54 | Northern Mariana Islands MP | 0 | 0 | 0 | 0.0 | 0 | 0 |
| 55 | U.S. Virgin Islands VI | 1 | 1 | 0 | 0.0 | 1 | 0 |
| 56 | Wyoming WY | 2 | 2 | 0 | 0.0 | 2 | 0 |