Broker-Dealer and
Agent Registration Requirements

Louisiana Domiciled Broker/Dealer

• $250 registration fee, payable through the Central Registration Depository (CRD)

• Form BD filed through CRD

• Hard copies of the following documents must be submitted to this office:

  • Current Audited Financial Statements

  • Focus Report

• Audited financial statements are due in this office annually, within 90 days of the broker-dealer's fiscal year-end

Out-of-State Broker/Dealer

• $250 registration fee, payable through CRD

• Form BD filed through CRD

• Audited financial statements and Focus Report are not required to be filed with this Office

Agent

• Form U-4 filed through CRD

• $60 filing fee, payable through CRD

Notes

• Dual registration is not permitted, unless the firms are affiliated.  Agent must be cancelled by current Broker-Dealer before new registration can be approved.

• All Broker-Dealer and agent registrations expire on December 31st of each year, if not renewed.  Renewals are through CRD.

• Annual firm renewal fee is $250, plus $60 per agent.

• The commissioner may require such additional information as he may deem necessary to establish whether the applicant should be registered.

Return to Securities
Updated September 15, 2017