Application Requirements for Registration

as a Securities Broker/Dealer

{Code of Alabama 1975, § 8-6-3 and Commission Rule 830-X-3}

 

 

 

            Applications for broker/dealer registration should be filed with the Web CRD system.  A FORM BD

and $250.00 filing fee is required to make such application.

 

THE FOLLOWING DOCUMENTATION SHOULD BE FILED DIRECTLY WITH THE ALABAMA SECURITIES COMMISSION:

 

  1. A statement from the firm with regard to whether or not it will have custody of Alabama customer funds and/or discretionary accounts in Alabama.

 

  1. A statement or undertaking detailing if any offers and/or sales have been made to Alabama residents prior to application for registration.