Broker-Dealer and

Agent Registration Requirements


 

Louisiana Domiciled Broker/Dealer

 

 ►$250 registration fee, payable through the Central Registration Depository (CRD)

 ►Form BD filed through CRD

 ►Hard copies of the following documents must be submitted to this office:

                 ●Current Audited Financial Statements

                 ●Focus Report

       ►Audited financial statements are due in this office annually, within 90 days of the broker-dealer's fiscal year-end

 

 

Out-of-State Broker/Dealer

 

►$250 registration fee, payable through CRD

►Form BD filed through CRD

►Audited financial statements and Focus Report are not required to be filed with this Office.

               

        

Agent

 

►Form U-4 filed through CRD

►$60 filing fee, payable through CRD

 

 

Notes:

 

    Dual registration is not permitted, unless the firms are affiliated.  Agent must be cancelled by current Broker-Dealer before new registration can be approved.

●    All Broker-Dealer and agent registrations expire on December 31st of each year, if not renewed.  Renewals are through CRD.

●    Annual firm renewal fee is $250, plus $60 per agent.

●   The commissioner may require such additional information as he may deem necessary to establish whether the applicant should be registered.

 


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Last updated February 08, 2017