Broker-Dealer
Application Checklist

All initial fees and Forms BD and U-4 must be filed through Web CRD. All other documents must continue to be submitted directly to the Bureau to complete the application.

1. FORMS
   Corporation – Consent to Service of Process (Form U-2 )
   Corporation – Corporate Resolution (Form U-2a )
   LLC – Consent to Service of Process (Form U-2 )
   LLP – Consent to Service of Process (Form U-2 )
    

2. CERTIFICATE
   LLC – Certificate of Formation
   LLP – Certificate of Formation
    

3. ARTICLES
   Corporation – Articles of Corporation
   LLC – Articles of Organization
   LLP – Articles of Organization
    

4. BY-LAWS/MEMBER AGREEMENT
   Corporation – By-Laws
   LLC – Operating & Management or Membership Agreement
   LLP – Partnership Agreement
    

5. COMPLIANCE MANUAL
   Corporation – Written Supervisory Procedures Manual (can be on CD-ROM)
   LLC – Written Supervisory Procedures Manual (can be on CD-ROM)
   LLP – Written Supervisory Procedures Manual (can be on CD-ROM)
    

6. FINANCIAL STATEMENT
   Corporation – Latest Audited Financial Statement
   LLC – Latest Audited Financial Statement
   LLP – Latest Audited Financial Statement
    

7. INTERIM REPORT
   Corporation – Most recent Focus report if Audited F/S is more than 6 mo. old
   LLC - Most recent Focus report if Audited F/S is more than 6 mo. old
   LP - Most recent Focus report if Audited F/S is more than 6 mo. Old
    

8. FEES
   Firm - $300 (Pay on Web CRD)
   Designated Principal - $130 (Pay on Web CRD) see below for requirements
    

9. DESIGNATED PRINCIPAL
   All – Complete, originally signed, Form U-4 (obtained from Web CRD) for one principal who has been a FINRA registered “GP” for 3 of the last 5 years, and must have been in the business of managing a broker-dealer for 3 of the last 5 years.
    

10. ADDITIONAL INFO
    All – Self-addressed, stamped envelope
    All – Please be advised, a surety bond is no longer required for FINRA member broker-dealers.