The broker-dealer, investment advisor, BD agent or IA rep in question may only
transact business in a state if first registered, excluded or exempted from state
broker-dealer, investment advisor, BD agent or IA rep registration requirements,
as may be; and follow-up, individualized responses to persons in a state by
such broker dealer, investment adviser, BD agent or IA rep that involve either
the effecting or attempting to effect transactions in securities, or the rendering
of personalized investment advice for compensation, as may be, will not be
made absent compliance with state broker-dealer, investment adviser, BD agent
or IA rep registration requirements, or an applicable exemption or exclusion.
A broker/dealer, investment advisor, BD agent or IA rep may only transact
business in a particular state after licensure or satisfying qualifications
requirements of that state, or only if they are excluded or exempted from the
states broker/dealer, investment adviser, or BD agent or IA rep requirements,
as the case may be; and follow-up, individualized responses to consumers in a
particular state by broker/dealer, investment adviser, BD agent or IA rep that
involve either the effecting or attempting to effect transactions in securities or
the rendering of personalized investment advice for compensation, as the case
may be, shall not be made without first complying with the states broker/dealer,
investment adviser, BD agent or IA rep requirements, or pursuant to an
applicable state exemption or exclusion.
Investments products and services available only to residents of : California
(CA) and Oregon (OR). Insurance products and services available only to
residents of California.
Continue...
