Difference between IB Background Check/Fingerprint Check?

I couldn’t find anything on WSO regarding the difference between a background check and the fingerprint check that is required to be done for FINRA reasons. My background check cleared, but now they told me they are waiting on my fingerprints. Does the background check also check for criminal records? Does the background check only focus on employment verification, while the fingerprint record is for the criminal record?

Kinda freakin out because I have an expunged record, nothing too serious but I just want to be DONE with this process so I could focus. 

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