230-50-05 R.I. Code R. § 1.11

Current through August 19, 2024
Section 230-RICR-50-05-1.11 - Multiple Licensing of Investment Advisers
A. Pursuant to R.I. Gen. Laws § 7-11-208(g), the Director may authorize multiple licensing if each licensed or registered entity submits a written undertaking with the Department containing the following information:
1. A statement by each licensed or registered entity that it consents to the multiple employment of the investment adviser representative and setting forth the effective date of the multiple employment; and
2. A statement by each licensed or registered entity that it agrees to assume joint and several liability with all other named licensed or registered entities for any act or omission of any investment adviser representative during the employment period.

230 R.I. Code R. § 230-RICR-50-05-1.11