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Karen Tyler

ND Securities Department
600 East Boulevard Avenue
State Capitol, 5th Floor
Bismarck, ND 58505-0510
Phone: (701)-328-2910
Toll Free: (800)-297-5124
Fax: (701)-328-2946
Grafton Office
701 W 6th Street, #312
Grafton, ND 58237
Phone: 701-352-4592

Issuer-Dealer and Agents

Stock certificate

Issuer-Dealer Registration (Issuers selling their own securities and not registered with FINRA) and Agents associated with the Issuer

  1. Application for Registration as a Dealer (North Dakota Form S-4) completed.
  2. Articles of Incorporation, By-laws, or Partnership Agreement.
  3. Consent to Service of Process (Form U-2).
  4. Corporate Resolution (Form U-2A).
  5. Affidavit of Issuer-Dealer Activity in North Dakota
  6. Not more than two officers or managers of an issuer may be registered as an agent without being required to pass a written examination.  The (Form S-5) is be filed for the registration of each agent..
  7. Fees.  The fee, which must accompany the application, for registration and for each annual renewal is:
    1. For each dealer          $200.00
    2. For each agent           $  60.00
      Checks are to be made payable to the North Dakota Securities Department.
  9. The registration for each dealer and agent will expire on December 31st of each year.  The renewal process consists of submitting Form S-6 (Issuer Dealer Renewal Application) and the fee.

Related Items

Century Code

N.D.C.C. 10-04 - Securities Act

The North Dakota Securities Department administers and enforces the North Dakota Securities Act, N.D.C.C. Chapter 10-04, by registering securities; reviewing exemptions; issuing no-action letters and interpretive opinions; and licensing broker-dealers and their agents, and investment advisers and their representatives.  The Securities Department investigates complaints alleging violations of the Securities Act and rules and if violations are found, the Securities Commissioner may bring an administrative or civil action or make a referral for criminal prosecution.