Nebraska Department of Banking and Finance

Broker-Dealer & Broker-Dealer Agent Registration Information

FINRA Firms

FormBD and fees for FINRA firms should be made directly through FINRA's Central Registration Depository (CRD).

Additionally, FINRA firms must submit the following supplements to NDBF:

  • An executed "Affidavit of Broker-Dealer Activity in Nebraska"
  • A current Audited Financial Statement
  • The most recent Focus Report if the Financial Statement is more than 90 days old
  • Designation of at least one registered agent located at the firm’s principal office and one registered agent located at each office of supervisory jurisdiction (“OSJ”) that is located in Nebraska to act in a supervisory capacity

 

FINRA Agents

FINRA agents must submit the following through CRD:

  • A complete and current Form U4
  • A $40 application fee

 

Non-FINRA Firms

Applications and fees for Non-FINRA firms and Non-FINRA agents should be filed directly to the Nebraska Department of Banking and Finance. More information is available from our Broker-Dealer Forms page.

Non-FINRA firms must submit the following:

  • A complete and current Form BD
  • An executed "Affidavit of Broker-Dealer Activity in Nebraska"
  • A current Audited Financial Statement, or in the absence of an Audited Financial Statement, a Certified Financial Statement signed by an Officer of the firm.
  • A $250 application fee made payable to the Nebraska Department of Banking and Finance
  • A copy of the Articles of Incorporation, articles of partnership, or LLC membership agreement that shows the current legal name of the applicant
  • A Corporate Resolution (only for those entities organized as a corporation)
  • A letter containing the name and CRD number of the individual who will serve as the designated principal in Nebraska (the principal must have taken and passed the Series 63 or 66 and the Series 24, 26 or 39 examinations and should be registered as an agent in Nebraska)
  • a Surety Bond in the amount of $25,000 or applicant must maintain a net capital of $25,000

 

Non-FINRA Agents

Non-FINRA agents must submit the following:

  • A complete and current Form U4
  • Proof of passage for either the Series 6, 7 or 22 examination
  • Proof of passage for either the Series 63 or 66 examination
  • A $40 application fee made payable to the Nebraska Department of Banking and Finance
  • The Director may waive exam requirements for agents of a broker-dealer whose registration is limited to securities of non-profit organizations if the director finds the waiver is consistent with investor protection and is in the public interest.