Withdrawal of registration by a broker-dealer, agent, investment adviser, or investment adviser representative becomes effective 60 days after the filing of the application to withdraw or within any shorter period as provided by a regulation adopted or order issued under this chapter unless a revocation or suspension proceeding is pending when the application is filed. If a proceeding is pending, withdrawal becomes effective when and upon the conditions required by a regulation adopted or order issued under this chapter. The administrator may institute a revocation or suspension proceeding under AS 45.56.440 within one year after the withdrawal became effective automatically and issue a revocation or suspension order as of the last date on which registration was effective if a proceeding is not pending.
Structure Alaska Statutes
Chapter 56. Alaska Securities Act
Sec. 45.56.300. Broker-dealer registration requirement and exemptions.
Sec. 45.56.310. Limited registration of Canadian broker-dealers and agents.
Sec. 45.56.320. Registration exemption for merger and acquisition broker.
Sec. 45.56.330. Agent registration requirement and exemptions.
Sec. 45.56.340. Investment adviser registration requirement and exemptions.
Sec. 45.56.350. Investment adviser representative registration requirement and exemptions.
Sec. 45.56.360. Federal covered investment adviser notice filing requirement.
Sec. 45.56.380. Succession and change in registration of broker-dealer or investment adviser.
Sec. 45.56.420. Post registration requirements.
Sec. 45.56.430. Protecting older and vulnerable adults from financial exploitation.