Iowa Admin. Code r. 191-50.11

Current through Register Vol. 47, No.14, January 8, 2025
Rule 191-50.11 - Principals

Every registered broker-dealer shall have at least two officers or partners registered with FINRA as principals, appropriate to the function(s) to be performed.

This rule is intended to implement Iowa Code section 502406..

Iowa Admin. Code r. 191-50.11

ARC 9169B, lAB 10/20/10, effective 11/24/10