Registration Requirements for Issuer-Dealers and Issuer-Dealer Agents
An issuer-dealer is (a) any issuer located in the State of Nebraska or (b) any issuer which registered its securities by qualification who proposes to sell to the public of the State of Nebraska the securities that it issues without the benefit of another registered broker-dealer. Issuer-dealers and agents must be registered under the Securities Act of Nebraska, except in certain exempt transactions. The issuer-dealer's offering runs concurrently with the registration of the issuer-dealer's securities in the state.
An issuer-dealer or agent may apply for registration by filing an application with the Department and paying an initial registration fee. This registration must be renewed annually. In addition, correcting amendments must be filed whenever a document previously filed with the Department becomes materially inaccurate or incomplete.
Withdrawal of a registration becomes effective 30 days after receipt of an application to withdraw. Fees will be retained by the Department if an application is rejected or withdrawn.