How does a firm obtain a surety bond to meet the state’s net worth requirement?
It’s recommended that you contact your local commercial insurance agent as soon as possible since this can be a relatively slow process. Please refer to the particular requirements published by your firm’s home state securities regulator. Your state will likely have a surety bond form or affidavit that will need to be executed by the surety and/or its agent. Click Here to Learn More About Our Investment Advisor Registration Services.
Related Questions
- How does an individual meet the professional development requirement if he or she leaves the State during the professional development period or is unable to find employment in New York State?
- How does a mortgage loan originator working for a licensed mortgage lender or mortgage broker meet the requirement to be covered by a surety bond?
- How does a firm obtain a surety bond to meet the state’s net worth requirement?
