Broker-Dealers & Sales Representatives

General Broker-Dealer and Sales Representative Licensing Information

        Who needs to be licensed?

  • Broker-Dealers: Any entity that engages in the trading of securities for its own account or on behalf of customers.
  • Sales Representatives: Any person that engages in the sale or purchase of securities or investment products on behalf of and with the authority of a broker-dealer or an issuer attempting to effect the sale of the issuer's own securities.
  • Mortgage broker-dealers who limit their business to transactions in notes, bond, or evidences of indebtedness that are secured by real estate mortgages and deeds of trust.

        With whom do broker-dealers and sales representatives have to become licensed?

  • All Colorado-based broker dealers and sales representatives are required to be licensed by both the Financial Industry Regulatory Authority (FINRA) and the Colorado Division of Securities.

        Central Registration Depository (CRD) Information

  • CRD is the electronic filing system that provides regulatory oversight of broker-dealers nationwide. It is operated by FINRA, and can be accessed on the FINRA site.

All Colorado fees and licensing forms.

Applications for Licensure