The Financial Industry Regulatory Authority (FINRA) on Monday launched the FINRA Disciplinary Actions Online database, a Web-based searchable system allowing investors to access brokers’ disciplinary actions via FINRA’s website at www.finra.org.

The database allows users to perform searches for FINRA actions free of charge, and FINRA says that users may search for actions by case number, document text, document type, action date (by date range), a combination of document text and action date, individual name and Central Registration Depository (CRD) number, or firm name and CRD number. The documents can be viewed online, printed, or downloaded as text-searchable PDF files.

Before the online database was launched, the public had to contact FINRA to obtain copies of disciplinary actions. The new database provides disciplinary action documents including Letters of Acceptance, Waivers and Consent (AWCs), settlements, National Adjudicatory Council decisions, Office of Hearing Officers decisions and complaints, according to FINRA.

What’s more, FINRA says that BrokerCheck “reports will now link to disciplinary actions housed in the system, as it currently does for arbitration awards in the Arbitration Awards Online database.” Beginning June 15, FINRA Monthly Disciplinary Actions will also link each write-up to its corresponding action in the database. According to FINRA, in 2010, members of the public used BrokerCheck, which is also available at no charge, to conduct 17.2 million reviews of broker or firm records.