WAC 460-20B-030   Registration procedure.  (1) Broker-dealers that are members of the National Association of Securities Dealers must:

     (a) Submit Form BD designating Washington as a state in which the broker-dealer requests registration to the Central Registration Depository together with the required fee; and

     (b) Submit to the securities division in a form acceptable to the administrator such additional information as the administrator may require.

     (2) Broker-dealers that are not members of the National Association of Securities Dealers must submit the following to the securities division:

     (a) A check for the required fee made out to "state treasurer";

     (b) A complete Form BD;

     (c) Balance sheet as of a date not more than ninety days before the date of filing, and computation of net capital and aggregate indebtedness ratio of the same date as the balance sheet;

     (d) A copy of any subordination agreement;

     (e) Proof of passage of qualifying examinations by the designated principals;

     (f) Such other information as the administrator may require.



[Statutory Authority: RCW 21.20.070 and 21.20.450. 95-16-026, § 460-20B-030, filed 7/21/95, effective 8/21/95.]