Application Requirements for Registration
as a Securities Broker/Dealer

{Code of Alabama 1975, ยง 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.