It’s that time of the year…paying the fees and processing the paperwork for the firms registration as a securities broker-dealer in all 50 states (plus DC). Ouch, that’s a huge chunk of money disappearing from our CRD account. The cost of doing business.
Special thanks to our operations team at FundAmerica Securities for getting the registration paperwork filed, for dealing with all the phone calls and emails from state regulators, for pulling together all the documentation that so many states uniquely require, and for keeping a smile on their faces as they got this done!
It’s not cheap, but it enables us to continue pressing forward with our mission to serve portals (and their issuers and investors) in every state in the nation.