Search results
An investment adviser representative must pass either the Uniform Investment Adviser Law Examination (Series 65); or the applicable required FINRA examination (s) and the Uniform Combined State Law Examination (Series 66). Individuals with certain professional designations may be exempt from examination requirements.
In order to become a stockbroker in Indiana, you must be registered with the Indiana Securities Bureau, the Securities and Exchange Commission (SEC), and at least one self-regulatory organization (SRO) recognized by the SEC.
To become registered, securities professionals must pass qualifying exams administered by FINRA to demonstrate their competence in the particular securities activities in which they will work. An individual must pass the exams prior to engaging in those areas of the business.
In general, individuals and firms engaged in the securities industry in Indiana are required to meet threshold requirements and must register with the Indiana Secretary of State, Securities Division (“Division”).
All states require that investment advisers (IAs) and investment adviser representatives (IARs) conducting business in the state register with the state’s securities regulatory authority (or qualify for an exemption from registration). Approximately 17,500 investment advisers are so registered.
Requirements. Initial Registration. The initial registration is completed on the Indiana Securities Portal. The initial registration fee for an issuer is five hundred dollars ($500). The issuer must submit the following documents through the Indiana Securities Portal: Uniform Application to Register Securities [Form U-1];
Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks. Login For Member Firms
