Branch Office Amendments and Maintaining Registration

Amendments to Form BR

If the information contained on the Form BR, Uniform Branch Office Registration Form, becomes inaccurate for any reason, the dealer or investment adviser shall file an amendment on the Form BR correcting the information within 30 days.

Dealers - FINRA Members and Investment Advisers (State Registered). All branch office amendment filings shall be made through the CRD system.

Dealers - Non-FINRA Members and Issuer Dealers. All branch office amendment filings shall be made through the Regulatory Enforcement and Licensing System (REAL) of the Office of Financial Regulation (OFR).

Termination of Branch Registration

All dealer and investment adviser registrants shall file notices of termination of branch office registration on the Form BR, Uniform Branch Office Registration Form.

Dealers - FINRA Members and Investment Advisers (State Registered). All branch office termination filings shall be made through the CRD system.

Dealers - Non-FINRA Members and Issuer Dealers. All branch office termination filings shall be made through the Regulatory Enforcement and Licensing System (REAL) of the Office of Financial Regulation (OFR).

Renewal of Branch Office Registration

All dealer and investment adviser branch office registrations expire at the end of each calendar year and must be renewed timely for the registrant to remain registered to conduct business in Florida.

Dealers - FINRA Members and Investment Advisers (State Registered). Branch office renewal fees for all FINRA member dealers and investment advisers shall be submitted through the CRD system in accordance with FINRA guidelines. It is incumbent upon the registrant, not OFR, to ensure that the renewal payment is submitted timely. The renewal fee is $100 for each branch office location. Reference Ch. 517.12 (11), F.S., and Rule 69W-600.009, F.A.C., for additional guidance.

Dealers - Non-FINRA Members and Issuer Dealers. Branch office renewal fees for non-FINRA member firms and issuer dealers shall be filed electronically through the online REAL System of the OFR. It is incumbent upon the registrant, not OFR, to ensure that the renewal payment is submitted timely. The renewal fee is $100 for each branch office location. Reference Chapter 517.12 (11), F.S., and Rule 69W-600.009, F.A.C., for additional guidance.