MIS was founded in February, 1977 in an effort to provide the best possible coverage necessary to prevent customer losses at brokerage firms and banks. Considered a leading expert in his field, President & CEO Kenneth R. McDonald Sr. has been a fixture on Wall Street since 1959. He has brought with him both a wealth of experience and an unmatched work ethic which are responsible for the growth and reputation of MIS.

 

As a major source of protection against violators, MIS has the expertise and the technology to provide credit checking and due diligence to its members. From major broker/dealers to small regional banks, casinos, insurance companies and real-estate developers, all members of MIS are treated alike, and are equally important to us. MIS has a reputation that it has earned over the years as the most reliable, confidential credit source available. A member's identity and it’s customer information will never be divulged to anyone.

 

Our proprietary database contains millions of names of individuals and companies who have had various types of problems. Much of this information comes to us from our members themselves. When a member firm has had a problem, sustained a loss, or encountered a "situation" that would cause them to note the account as "accept no further business", we can advise you of it.

 

In addition to direct reports from our members, MIS also gathers information from a wide array of sources. We maintain complete files on disciplinary actions by regulators and by the exchanges. We review numerous periodicals every day to gather additional information as to parties that have had problems that you should know about.

 

Please visit our services page to see what MIS can do to protect your firm.