Securities

In most cases, the person selling an investment must register to do so. This also applies to anyone paid to provide investment advice. In most cases, firms offering securities must register them. Broker-dealers, investment advisers and their representatives must register with the Securities Division or qualify to register with the U.S. Securities and Exchange Commission (SEC). They must provide full information about themselves, their firms and their products.

You may contact us at the following:

Mailing Address

NC Department of the Secretary of State
Securities Division
PO Box 29622
Raleigh, NC 27626-0622

Street Address

Courier/Overnight Delivery Address
NC Department of the Secretary of State
Securities Division
2 South Salisbury Street
Raleigh, NC 27601

Phone: 919-814-5400
Fax: 919-814-5596
Email: [email protected]

• Securities Dealer
  • $300.00
  • On initial registration and then on annual renewal before the CRD cut-off in mid-December of each year
• Securities Salesperson
  • $125.00
  • On initial registration and then on annual renewal before the CRD cut-off in mid-December of each year
• Investment Adviser
  • $300.00
  • On initial registration and then on annual renewal before the CRD cut-off in mid-December of each year
• Investment Adviser Representative
  • $75.00
  • On initial registration and then on annual renewal before the CRD cut-off in mid-December of each year
• Registered public offering of securities
  • $2,000.00
  • On initial application
• Notice filing for investment company securities
  • $1,725.00 plus $275.00 for each series, fund or portfolio offered in North Carolina
  • On initial notice filing and then on annual renewal
• Notice filing for Rule 506 transaction
  • $350.00
  • One-time fee per offering due within 15 days of first sale in NC
• Exemption notice for a limited offering subject to Rule .1205(b)
  • $150.00
  • One-time fee per offering due 10 days before the first sale in NC
• Amendment of mutual fund offering amount
  • $50.00
  • One-time fee for each amendment to increase offering amount
• Exemption filing by not-for-profit issuer
  • No Charge
  • No fee, but filing is due 5 days before the first sale in NC

To register, use the CRD and the IARD registration systems.

See N.C.G.S. §§ 78A-26, -27 & -28

North American Securities Administrators Association (NASAA)

See N.C.G.S. § 78A-27
See the NASAA website.

See N.C.G.S. § 78A-31(a)
See the NASAA website.

See requirements at 18 NCAC 06A.1211(PDF)
See the Securities and Exchange Commission (SEC)(PDF) website.
Electronic filing available at US Electronic Filing Depository

See requirements and schedule at 18 NCAC 06A.1205(b) (PDF)
Form U-2 (and Form U-2A, for corporate issuer) -- NASAA website

See schedule at 18 NCAC 06A.1209(d)(PDF)
Form U-2 (and Form U-2A, for corporate issuer) – NASAA website

To pay a registration fee for a security or an exemption filing fee, make your check payable to “The NC Department of the Secretary of State” and mail it to:

NC Department of the Secretary of State
Securities Division
PO Box 29622
Raleigh, NC 27626-0622

For all other payments, follow the instructions on the CRD and IARD websites.

No. A securities salesman may register with only one firm at a time.

It depends. A representative may register with more than one firm if the firms are under common ownership or control, or the representative is acting as a 'solicitor' for more than one firm. A 'solicitor' refers to an individual who offers or sells investment advisory services.

Ask the compliance officer of the broker-dealer firm with which you are employed to file a Form U-4 on your behalf. Once your securities registration has been approved, contact the NC Department of Insurance at 919-814-5596. and give them your CRD number and the effective date of your North Carolina securities registration. You must successfully pass the Series 63 exam to be a securities salesman.

NC Securities Act.

NC Investment Advisers Act.

rules supplementing both acts.

The U.S. Securities and Exchange Commission (SEC) enforces federal securities laws and regulations.