Indiana § 23-19-4-11.5 Prohibit selection of broker-dealer for completion of compliance report
in consecutive years; prohibit selection of certain offices

Indiana Statutes

§ 23-19-4-11.5 — Prohibit selection of broker-dealer for completion of compliance report in consecutive years; prohibit selection of certain offices

Indiana § 23-19-4-11.5

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 19INDIANA UNIFORM SECURITIES ACT

Ch. 4Broker-Dealers, Agents, Investment Advisers,

This text of Indiana § 23-19-4-11.5 (Prohibit selection of broker-dealer for completion of compliance report in consecutive years; prohibit selection of certain offices) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 23-19-4-11.5 (2026).

Text

5.

(a)As used in this section, "office of supervisory jurisdiction" has the meaning set forth in the National Association of Securities Dealers Conduct Rule 3010(g) (as in effect on January 1, 2009).

(b)A broker-dealer registered or required to be registered under this article may not be selected for completion of a compliance report under section 11(i) of this chapter in consecutive years unless the commissioner has reason to believe that the broker-dealer has committed a violation of this article.

(c)The commissioner may not select for completion of a compliance report under section 11(i) of this chapter any office that:

(1)reports to an office of supervisory jurisdiction located within Indiana;

(2)reflects the address of the office of supervisory jurisdiction described in subdivisi

Free access — add to your briefcase to read the full text and ask questions with AI

5. (a) As used in this section, "office of
supervisory jurisdiction" has the meaning set forth in the National
Association of Securities Dealers Conduct Rule 3010(g) (as in effect
on January 1, 2009).
(b) A broker-dealer registered or required to be registered under this
article may not be selected for completion of a compliance report under
section 11(i) of this chapter in consecutive years unless the
commissioner has reason to believe that the broker-dealer has
committed a violation of this article.
(c) The commissioner may not select for completion of a
compliance report under section 11(i) of this chapter any office that:
(1) reports to an office of supervisory jurisdiction located within
Indiana;
(2) reflects the address of the office of supervisory jurisdiction
described in subdivision (1) on all of the office's business cards,
stationery, advertisements, and other communications to the
public; and
(3) is included in the definition of branch office under the
National Association of Securities Dealers Conduct Rule 3010(g)
because the office:
(A) handles funds or securities as described under the National
Association of Securities Dealers Conduct Rule
3010(g)(2)(A)(ii)(c); or
(B) uses the residential address on all business cards,
stationery, advertisements, or other communications to the
public under the National Association of Securities Dealers
Conduct Rule 3010(g)(2)(A)(ii)(d).