N.M. Admin. Code § 12.11.2.8

Current through Register Vol. 35, No. 21, November 5, 2024

Section 12.11.2.8 - APPLICATIONS FOR REGISTRATION

A. Applications for registration by broker-dealers and agents who are members of FINRA shall be filed with CRD on forms established for the CRD and, in addition thereto, the broker-dealer shall file with the director a financial statement that is current within 90 days of the date the application is received by the division, and a completed affidavit of no sales or an explanation why such affidavit cannot be completed.

B. Applications for registration and annual reports of broker-dealers and agents not members of the FINRA shall be filed with the director on forms BD, U-4, and affidavit of no sales, as designated in 12.11.16 NMAC. If the applicant cannot complete the affidavit of no sales, then the applicant shall file an explanation why such affidavit cannot be completed.

C. An "application" for purposes of Section 58-13C-406 A shall include any information required by the director pursuant to Section 58-13C-406 A(2).

D. Annual reports required by the New Mexico Uniform Securities Act or rules promulgated thereunder shall be filed with the director on or before December 31 of each year.

N.M. Admin. Code § 12.11.2.8

12.11.2.8 NMAC - Rp, 12.11.2.8 NMAC, 1-1-2010