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Western Equipment Dealers Association
United States
1889 (136 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Western Equipment Dealers Association
Company Information
Get to know Western Equipment Dealers Association
Western Equipment Dealers Association (WEDA) has represented equipment dealer interests in provincial and state capitals. Today, we continue to build on the success of the past with a dedicated government affairs team. WEDA’s top priority is manufacturer relations. We recognize that the most important contract a dealer will sign is their dealer contract with an OEM. WEDA regularly communicates with OEMs on contractual and policy issues to ensure balance and fairness in the relationship.
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