BofA Securities, Inc. and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. From the above description, we are able to see the essential adjustment role of this funding mode in the securities business. The funding banking business shouldn’t only run their business underneath the policies of one country, in addition they need to shoulder up the responsibility of the society, which may make them a greater future. With the rapid growth of the financial system, the state of affairs of the world securities is also in fixed growth and alter. At present, the development of the securities trade is affected by many different factors. According to the current market scenario, investment banks occupy a very high place within the securities trade and play an excellent position in regulating the development of the securities business.