Broker-Dealer Application Checklist

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    All initial fees and Forms BD and U-4 must be filed through Web CRD.  All other documents must continue to be submitted directly to the Bureau to complete the application.

    1.



     
    FORMS
    Corporation - Consent to Service of Process (Form U-2)
    Corporation - Corporation Resolution (Form U-2a)
    LLC - Consent to Service of Process (Form U-2)
    LLP - Consent to Service of Process (Form U-2)
    2.

     
    CERTIFICATE
    LLC - Certificate of Formation
    LLP - Certificate of Formation
    3.


     
    ARTICLES
    Corporation - Articles of Corporation
    LLC - Articles of Organization
    LLP - Articles of Organization
    4.


     
    BY-LAWS/MEMBER AGREEMENT
    Corporation - By-Laws
    LLC - Operating and Management or Membership Agreement
    LLP - Partnership Agreement
    5.


     
    COMPLIANCE MANUAL
    Corporation - Written Supervisory Procedures Manual (can be on CD-ROM)
    LLC - Written Supervisory Procedures Manual (can be on CD-ROM)
    LLP - Written Supervisory Procedures Manual (can be on CD-ROM)
    6.


     
    FINANCIAL STATEMENT
    Corporation - Latest Audited Financial Statement
    LLC - Latest Audited Financial Statement
    LLP - Latest Audited Financial Statement
    7.


     
    INTERIM REPORT
    Corporation - Most recent Focus report if Audited F/S is more than 6 mo.old
    LLC - Most recent Focus report if Audited F/S is more than 6 mo. old
    LLP - Most recent Focus report if Audited F/S is more than 6 mo. old
    8.

     
    FEES
    Firm - $300 (Pay on Web CRD)
    Designated Principal - $130 (Pay on Web CRD) see below for requirements
    9.


     
    DESIGNATED PRINCIPAL
    All - Complete Form U-4 submitted through Web CRD for one principal who has been a FINRA registered "GP" for 3 of the last 5 years and who has been in the business of managing a broker-dealer for 3 of the last 5 years. 
    10.

     
    ADDITIONAL INFO
    All - Self-addressed, stamped envelope
    All - Please be advised, a surety bond is no longer required for FINRA member broker-dealers.