Securities Division
Matthew J. Neubert - Director
1300 W. Washington St. 3rd Floor
Phoenix, AZ 85007
(602) 542-4242
(866) 837-4399
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ARIZONA DEALER AND SALESMAN REGISTRATION REQUIREMENTS
 
Applications for registration will be processed in accordance with A.A.C. R14-4-147
 
   
DEALER REGISTRATION
 
FINRA Member Dealers:
 
1. Form BD submitted through FINRA WebCRD [A.R.S. § 44-1941, A.A.C R14-4-129].
 
2. $300 registration fee submitted through FINRA WebCRD [A.R.S. §§ 44-1861(A), 44-1941(B)].
 
3. Audited financial statements [A.R.S. § 44-1941(A)(10)].
 
 
Non-FINRA Dealers:
 
1. Form BD, manually signed and notarized  [A.R.S. § 44-1941(A)].
 
2.  $300 registration fee [A.R.S. §§ 44-1861(A), 44-1941(B)].
 
3. Audited financial statements [A.R.S. § 44-1941(A)(10)].
 
  
Issuer Dealers:
 
1. Form BD, manually signed and notarized  [A.R.S. § 44-1941(A)].
 
2. $100 registration fee [A.R.S. §§ 44-1861(A), 44-1941(B)].
 
3. Audited financial statements [A.R.S. §§ 44-1941(A)(10), 44-1894(9) and (10)].
 
 
6. Proof of principal examination or equivalent business experience [A.R.S. § 44-1942].
 
 
SALESMAN REGISTRATION
 
FINRA Member Salesman:
 
1. Form U-4 submitted through FINRA WebCRD [A.R.S. § 44-1945(A) and A.A.C. R14-4-129]. 
 
2. $45 registration fee submitted through FINRA WebCRD [A.R.S. §§ 44-1861(A), 44-1945(A)].
 
3. Proof of passage of required examinations [A.R.S. § 44-1942 and A.A.C. R14-4-109].
 
 
5. Proof of lawful presence for Arizona residents and non-Arizona residents who do not have an equivalent license issued by another state [A.R.S. § 41-1080].  
 
 
Non-FINRA Member and Issuer-Dealer Salesman:
 
1. Information required by A.R.S. § 44-1945(A). 
 
2. $45 registration fee [A.R.S. §§ 44-1861(A), 44-1945(A)].  
 
3. Proof of passage of required examinations [A.R.S. § 44-1942 and A.A.C. R14-4-109].
 
 
5. Proof of lawful presence for Arizona residents and non-Arizona residents who do not have an equivalent license issued by another state [A.R.S. § 41-1080].    
 
 
REPORTING REQUIREMENTS
 
FINRA Member Dealers: 
 
1. Statement of material changes submitted through FINRA WebCRD [A.R.S. § 44-1948(A)].
 
2. Annual audited financial statements [A.R.S. § 44-1948(A)].
 
 
Non-FINRA and Issuer Dealers:
 
1. Statement of material changes [A.R.S. § 44-1948(A)].
 
2. Annual audited financial statements [A.R.S. § 44-1948(A)].
 
 
Salesman: Statement of material changes [A.R.S. § 44-1948(A)].
  
 
RENEWAL
 
FINRA Member and Non-FINRA Dealers: $300 annual fee on or before December 31 [A.R.S. § 44-1861(A)].
 
Issuer Dealers: $100 annual fee on or before December 31 [A.R.S. § 44-1861(B)].
 
Salesman:  
 
1. $45 annual fee on or before December 31 [A.R.S. § 44-1861(A)].
 
2. Proof of lawful presence if documentation has not previously been presented to the Securities Division [A.R.S. § 41-1080]. 
 
  
NAME CHANGE/REORGANIZATION/MASS TRANSFER
 
In the event of a name change, reorganization, or mass transfer, contact the Securities Division at (602) 542-0326 or SEC-AOD@azcc.gov.
 
 
 
 
  
  

 

 

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