Corporations, Associations, and Partnerships
Rhode Island Uniform Securities Act
Licensing of Broker-Dealers, Sales Representatives, and Investment Advisers and Investment Adviser Representatives
R.I. Gen. Laws § 7-11-205
§ 7-11-205. Application.
(a) An applicant for licensing as a broker-dealer, sales representative, investment adviser, or investment adviser representative shall file with the director an application for licensing and a consent to service of process under § 7-11-708. The application for licensing must contain the information that the director, by rule, determines is necessary.
(b) The requirements of subsection (a) are satisfied by an applicant who has filed and maintains a completed and current registration with the Securities and Exchange Commission or a self-regulatory organization by filing with the director notice of the registration in the form and content determined by rule by the director and a consent to service of process under § 7-11-708. The registration information filed with the Securities and Exchange Commission or self-regulatory organization must be available to the director through a central registration depository system approved by the director. The director may require by order the submission of additional information by an applicant.
History of Section.
P.L. 1990, ch. 460, § 2.