Issuer Agent Filing Guidelines
{Code of Alabama 1975, ยง 8-6-3 and Commission Rule 830-X-3} |
Issuer agent registrations are restricted registrations and the agents can only sell securities on behalf of the one issuer with whom they are registered.
To make application as a Restricted/Issuer Agent, please submit the following to the Commission: a. Series 63 or Series 66 b. An examination on general or limited securities principles, i.e. S7 |
Please Note the Following Information:
- Restricted Agent Registration terminates on December 31st unless registration is renewed for the following year. The renewal fee of $70 is to be remitted to the Commission prior to December 31st.
- Effective January 1, 2010, the new passing scores for each securities law exam will be as follows:
Test | Raw Score | Percentage of Test Points |
Series 65 | 94 | 72% |
Series 63 | 43 | 72% |
Series 66 | 75 | 75% |
Exam waivers are available under limited circumstances and are strictly granted on an individual basis.