OAR 441-175-0080: Applications for Licensing of Broker-Dealers

(1) An applicant for licensing as a FINRA broker-dealer must submit to the FINRA/CRD: (a) A completed Form BD; (b) A broker-dealer licensing fee as set in OAR 441-175-0002; (c) At least one completed Form U-4 pursuant to OAR 441-175-0130. All licensed broker-dealers must have at least one salesperson licensed continuously throughout the licensing period of the broker-dealer; and (d) A salesperson licensing fee for each salesperson as set in OAR 441-175-0002. (2) An applicant for licensing as a non-FINRA broker-dealer must submit to the director: (a) A completed Form BD; (b) A broker-dealer licensing fee as set in OAR 441-175-0002; (c) At least one completed Form U-4 pursuant to OAR 441-175-0120. All licensed broker-dealers must have at least one salesperson licensed continuously throughout the licensing period of the broker-dealer; (d) A salesperson licensing fee for each salesperson as set in OAR 441-175-0002; and (e) The name of the person or persons designated as supervisors for purposes of OAR 441-205-0210. When a new supervisor is designated, this change must be filed with the director within 30 days following the change. [ED. NOTE: Forms referenced are available from the agency.]