### Question
What does covered broker or dealer mean?


### Answer
**Covered broker or dealer** has the following meaning in *12 U.S.C. § 5381*:

> a covered financial company that is a broker or dealer that—


(A) is registered with the Commission under section 78o(b) of title 15

#### Citation:
  - *12 U.S.C. § 5381*
  - Heading: **CHAPTER 53-WALL STREET REFORM AND CONSUMER PROTECTION > SUBCHAPTER II-ORDERLY LIQUIDATION AUTHORITY**

