Registering a Broker-Dealer: Experience and Licensing Requirements

If you have been considering registering a broker-dealer, meeting the experience, licensing and background requirements for the firm’s principals or other staff is critically important in achieving your goal. Some items to consider include:

  • Number of principals required and years of experience
  • Products to be offered
  • Supervision and compliance requirements
  • Financial and Operations Principal (FinOp) responsibilities
  • Principal registration requirements
  • Securities licenses required for reps, principals and FinOps

Getting a handle on the experience, licensing and background requirements before you begin the registration process can help you understand what lies ahead — and prepare you for the process. “BD Registrations: Experience, Licensing and Background Requirements” is a helpful overview of what is required of firms seeking BD registration. Download this reference list of requirements to quickly see where you stand and which areas may need additional attention.

Download the BD Registrations: Experience, Licensing and
Background Requirements list.