To check a broker’s record, first use the National Association of Securities Dealers Broker Check at http://www.nasd.com/InvestorInformation/InvestorProtection/NASDW_005882.

This service lets you see if a broker or brokerage firms is licensed and whether it has been the subject of any disciplinary actions or convicted of any securities-related crime. It can’t tell you about pending complaints. You can also get this information by calling (800) 289-9999.

You should also check with your state securities regulator. For a list of regulators, go to http://www.nasaa.org/about_nasaa/2062.cfm