1. (1) An applicant for licensing as a FINRA broker-dealer must submit to the FINRA/CRD:

   1. (a) A completed Form BD;
   2. (b) A broker-dealer licensing fee as set in OAR 441-175-0002;
   3. (c) At least one completed Form U-4 pursuant to OAR 441-175-0130. All licensed broker-dealers must have at least one salesperson licensed continuously throughout the licensing period of the broker-dealer; and
   4. (d) A salesperson licensing fee for each salesperson as set in OAR 441-175-0002.

2. (2) An applicant for licensing as a non-FINRA broker-dealer must submit to the director:

   1. (a) A completed Form BD;
   2. (b) A broker-dealer licensing fee as set in OAR 441-175-0002;
   3. (c) At least one completed Form U-4 pursuant to OAR 441-175-0120. All licensed broker-dealers must have at least one salesperson licensed continuously throughout the licensing period of the broker-dealer;
   4. (d) A salesperson licensing fee for each salesperson as set in OAR 441-175-0002; and

   5. (e) The name of the person or persons designated as supervisors for purposes of OAR 441-205-0210. When a new supervisor is designated, this change must be filed with the director within 30 days following the change.

      [ED. NOTE: Forms referenced are available from the agency.]

Statutory/Other Authority

ORS 59.175, 59.195 & 59.285

Statutes/Other Implemented

ORS 59.165, 59.175, 59.185, 59.195 & 59.285

History

FCS 1-2012, f. & cert. ef. 7-9-12
FCS 1-2004, f. & cert. ef. 5-19-04
FCS 2-2003(Temp), f. & cert. ef. 11-26-03 thru 5-21-04
FCS 7-2000, f. & cert. ef. 6-2-00
FCS 1-1992, f. 1-31-92, cert. ef. 2-1-92
FCS 5-1989, f. & cert. ef. 5-17-89
FCS 16-1988(Temp), f. & cert. ef. 11-21-88
FCS 6-1988, f. 3-22-88, cert. ef. 3-25-88, Renumbered from 815-030-0067
FCS 7-1987(Temp), f. 9-24-87, cert. ef. 9-28-87