How to apply for securities dealer license?

 

To conduct securities businesses as well as business with the investing public in the United States, both companies and individuals must be registered with FINRA. Firms must apply and meet certain membership standards to become a FINRA-registered broker-dealer with Securities dealer license.

FINRA enquires that would-be candidates take time to review and appreciate all FINRA’s substantive and procedural needs prior to applying. These can be discovered in the FINRA Rule 1000 Series plus FINRA Rule 1014.

Applying for FINRA membership is a wide multistep procedure. If after reviewing the information in this section you require supplementary assistance, working with GBAS can assist answer your questions and make the application procedure smooth as well as efficient.

How to apply for securities dealer license

Registration Requirements

Do you want to know how to apply for securities dealer license? One precondition for registration is victorious completion of each needed qualification examination. Needed examinations will be dogged based upon the position in an Applicant’s business that the entity will occupy. Those individuals who wish to take a qualification assessment can do so if sponsored by a current member firm or an Applicant for FINRA membership.

Where a person has formerly passed a qualifications exam and has been registered with a member firm within the preceding two years, added qualification examinations would not be needed in order to continue functioning in the similar capacity. Where new or additional examinations are needed in order for an individual to purpose as proposed at a novel member company, a new member application will require to have been filed so that there is a member company through which the individual may become registered.

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