Canadian Broker-Dealer Application Checklist

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    CANADIAN BROKER-DEALER LIMITED LICENSE PURSUANT TO
    NEW HAMPSHIRE RSA 421-B:4-401(e)
     

    A broker-dealer that is resident in Canada and has no office or other physical presence in New Hampshire, after obtaining a license in New Hampshire by following the procedures below, may offer and sell securities to: 

    1. A person from Canada who is temporarily resident in New Hampshire with whom the Canadian broker-dealer had a bona fide broker-dealer client relationship before the person entered the United States; or
       
    2. A person from Canada who is resident in New Hampshire whose transactions are in a self-directed tax advantaged retirement plan in Canada of which the person is the holder or contributor.
       

    CANADIAN BROKER-DEALER INITIAL APPLICATION FILING PROCEDURES 

    A Canadian broker-dealer may become licensed under this section, provided that the broker-dealer files: 

    1. An originally signed application in the form required by the jurisdiction in which it has its head office; and
       
    2. An originally signed and notarized consent to service of process (Form U-2) and
       
    3. Evidence that it is registered as a broker or dealer in good standing in the jurisdiction from which it is effecting transactions into this state; and
       
    4. Evidence that it is a member of a self-regulatory organization or stock exchange in Canada; and
       
    5. An initial license fee of $300. Checks should be made payable to the State of New Hampshire.