Broker-Dealers & Agents

Registration

Questions about Broker-Dealer and Securities Agent registrations may be directed to 307.777.7370 or emailed to the Compliance Auditor. Correspondence may be directed to:


Compliance Division
Attn: Compliance Auditor
State Capitol Building
200 West 24th Street
Cheyenne, WY 82002-0020


Broker-Dealer (BD) applicants must be registered in good standing with the Federal Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).


  1. The Broker-Dealer filing fee for Wyoming is $200. That fee is paid from the Broker-Dealer's account at the FINRA/NASAA (North American Securities Administrators Association) Central Registration Depository (CRD), and no check should be sent to the Secretary of State. The Broker-Dealer must first amend its Form BD with CRD indicating the Broker-Dealer's desire to apply for registration in Wyoming. The fee must be credited to the State of Wyoming's CRD account.


  2. The Broker-Dealer must then submit the execution page of the Form BD with an original, notarized signature to the Wyoming Compliance Division. The entire Form BD need not be sent and the execution can be done on the firm's most recent amended Form BD.


  3. The Broker-Dealer's must also submit their most recent audited financial statement pursuant to W.S. 17-4-104(a)(v) and the Broker-Dealer's most recent focus report.


***SPECIAL NOTICE TO BROKER-DEALER APPLICANTS***


Corporations not domiciled in Wyoming MAY need to seek a corporate Certificate of Authority to transact business in Wyoming as a foreign domiciled corporation pursuant to W.S. 17-16-1501. The Certificate of Authority is a requirement of the Wyoming Business Corporation Act not the Wyoming Uniform Securities Act. A Certificate of Authority is generally not required for firms doing business exclusively by mail or phone having no business location in the State and having no employees or assets employed in the State. Forms, questions & topics dealing with a Certificate of Authority are available only through the Secretary of State's Business Division at 307.777.7311.


The above form can be found on the NASAA website.