Missouri Revised Statutes
Chapter 409 - Regulation of Securities
Section 409.4-406 - Registration by broker-dealer, agent, investment adviser, and investment adviser representative.

Effective - 01 Sep 2003
409.4-406. Registration by broker-dealer, agent, investment adviser, and investment adviser representative. — (a) A person shall register as a broker-dealer, agent, investment adviser, or investment adviser representative by filing an application and a consent to service of process complying with section 409.6-611, and paying the fee specified in section 409.4-410 and any reasonable fees charged by the designee of the commissioner for processing the filing. The application must contain:
(1) The information or record required for the filing of a uniform application; and
(2) Upon request by the commissioner, any other financial or other information or record that the commissioner determines is appropriate.
(b) If the information or record contained in an application filed under subsection (a) is or becomes inaccurate or incomplete in a material respect, the registrant shall promptly file a correcting amendment.
(c) If an order is not in effect and a proceeding is not pending under section 409.4-412, registration becomes effective at noon on the forty-fifth day after a completed application is filed, unless the registration is denied. A rule adopted or order issued under this act may set an earlier effective date or may defer the effective date until noon on the forty-fifth day after the filing of any amendment completing the application.
(d) A registration is effective until midnight on December thirty-first of the year for which the application for registration is filed. Unless an order is in effect under section 409.4-412, a registration may be automatically renewed each year by filing such records as are required by rule adopted or order issued under this act, by paying the fee specified in section 409.4-410, and by paying costs charged by the designee of the commissioner for processing the filings.
(e) A rule adopted or order issued under this act may impose such other conditions, not inconsistent with the National Securities Markets Improvement Act of 1996. An order issued under this act may waive, in whole or in part, specific requirements in connection with registration as are in the public interest and for the protection of investors.
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(L. 2003 H.B. 380)
Effective 9-01-03

Structure Missouri Revised Statutes

Missouri Revised Statutes

Title XXVI - Trade and Commerce

Chapter 409 - Regulation of Securities

Section 409.107 - Investment firms, legal firms, other persons shall not be involved with issuance of bonds, when.

Section 409.108 - Tampering with securities documents or impeding investigations prohibited.

Section 409.109 - Penalty.

Section 409.111 - Commissioner of securities may investigate violations.

Section 409.112 - Commissioner of securities may seek relief for violations, when.

Section 409.113 - Commissioner of securities may issue orders, when.

Section 409.114 - Duties and powers of commissioner of securities.

Section 409.500 - Short title.

Section 409.506 - Definitions.

Section 409.511 - Requirements, offeror must send registration statement — solicitations, recommendations, file with commissioner.

Section 409.516 - Registration statement, contents — material changes, notice to commissioner, how.

Section 409.521 - Commissioner may make investigations, seek injunctions, when.

Section 409.526 - Penalties.

Section 409.531 - Commissioner may promulgate rules, establish fees.

Section 409.536 - Attorney general may prosecute, how.

Section 409.541 - Secretary of state deemed offeror's agent, when — service of process, how, effective when.

Section 409.546 - Fraudulent practices not allowed, solicitation of offerees.

Section 409.551 - Exceptions.

Section 409.556 - Construction of statutes.

Section 409.561 - Additional requirements, when applicable.

Section 409.566 - Unlawful practices, offeree may bring suit, damages, attorney fees.

Section 409.600 - Citation of law.

Section 409.605 - Definitions.

Section 409.610 - Financial exploitation, notification of agencies and family members.

Section 409.615 - Refusal of request for disbursement or transaction, when — expiration.

Section 409.620 - Immunity from liability, when.

Section 409.625 - Records, provided to agencies or law enforcement, when.

Section 409.630 - Website for training resources to prevent and detect financial exploitation.

Section 409.800 - Definitions.

Section 409.803 - Prohibited contracts — exemptions.

Section 409.806 - Exempt transaction — rules, generally, this chapter, procedure.

Section 409.808 - Commodity merchants — license required, boards of trade — designation required.

Section 409.810 - Prohibited acts.

Section 409.813 - Principals, agents, joint and several liability — when.

Section 409.816 - Applicability of other laws.

Section 409.818 - Intent of law.

Section 409.820 - Investigations by commissioner, subpoena powers — judicial enforcement.

Section 409.823 - Violations — powers of commissioner.

Section 409.826 - Violations of domestic or foreign laws, rules — legal and equitable remedies.

Section 409.828 - Penalties.

Section 409.830 - Insiders — restricted use of information, data to be public, exceptions.

Section 409.833 - Cooperation with other jurisdictions, agencies.

Section 409.836 - General authority of commissioner.

Section 409.838 - Service of process, appointment of commissioner as agent for service.

Section 409.840 - Application of sections 409.803, 409.808, 409.810, offers to sell, buy — where deemed made.

Section 409.843 - Administrative procedure, notice of intent, summary order, notice, hearing.

Section 409.846 - Judicial review of commissioner's orders — procedure — standard of review.

Section 409.848 - Exemptions — burden of proof.

Section 409.850 - Broker-dealers, sales representatives — applications for licenses — fees.

Section 409.853 - Examinations.

Section 409.856 - Licenses — effective date — expiration — classification, sales representatives — restrictions — exceptions.

Section 409.858 - Annual report, records — amendment, broker — dealers — capital requirements — fidelity bonds — financial reports.

Section 409.860 - Records — examination without notice — fees.

Section 409.863 - Licenses — denial, suspension, revocation, limitations, cancellation — grounds.

Section 409.950 - Fiduciaries and employee retirement systems, investment in certain multinational development banks authorized.

Section 409.1000 - Business opportunities — definitions.

Section 409.1003 - Practices prohibited — penalty.

Section 409.1006 - Civil remedies.

Section 409.1-101 - Short title.

Section 409.1-102 - Definitions.

Section 409.1-103 - References to federal statutes.

Section 409.1-104 - References to federal agencies.

Section 409.1-105 - Electronic records and signatures.

Section 409.2-201 - Exempt securities.

Section 409.2-202 - Exempt transactions.

Section 409.2-203 - Additional exemptions and waivers.

Section 409.2-204 - Denial, suspension, revocation, condition, or limitation of exemptions.

Section 409.3-301 - Securities registration requirement.

Section 409.3-302 - Notice filing.

Section 409.3-303 - Securities registration by coordination.

Section 409.3-304 - Securities registration by qualification.

Section 409.3-305 - Securities registration filings.

Section 409.3-306 - Denial, suspension, and revocation of securities registration.

Section 409.3-307 - Waiver and modification.

Section 409.4-401 - Broker-dealer registration requirement and exemptions.

Section 409.4-402 - Agent registration requirement and exemptions.

Section 409.4-403 - Investment adviser registration requirement and exemptions.

Section 409.4-404 - Investment adviser representative registration requirement and exemptions.

Section 409.4-405 - Federal covered investment adviser notice filing requirement.

Section 409.4-406 - Registration by broker-dealer, agent, investment adviser, and investment adviser representative.

Section 409.4-407 - Succession and change in registration of broker-dealer or investment adviser.

Section 409.4-408 - Termination of employment or association of agent and investment adviser representative and transfer of employment or association.

Section 409.4-409 - Withdrawal of registration of broker-dealer, agent, investment adviser, and investment adviser representative.

Section 409.4-410 - Filing fees.

Section 409.4-411 - Postregistration requirements.

Section 409.4-412 - Denial, revocation, suspension, withdrawal, restriction, condition, or limitation of registration.

Section 409.5-501 - General fraud.

Section 409.5-502 - Prohibited conduct in providing investment advice.

Section 409.5-503 - Evidentiary burden.

Section 409.5-504 - Filing of sales and advertising literature.

Section 409.5-505 - Misleading filings.

Section 409.5-506 - Misrepresentations concerning registration or exemption.

Section 409.5-507 - Qualified immunity.

Section 409.5-508 - Criminal penalties.

Section 409.5-509 - Civil liability.

Section 409.5-510 - Rescission offers.

Section 409.6-601 - Administration.

Section 409.6-602 - Investigations and subpoenas.

Section 409.6-603 - Civil enforcement.

Section 409.6-604 - Administrative enforcement.

Section 409.6-605 - Rules, forms, orders, interpretive opinions, and hearings.

Section 409.6-606 - Administrative files and opinions.

Section 409.6-607 - Public records; confidentiality.

Section 409.6-608 - Uniformity and cooperation with other agencies.

Section 409.6-609 - Judicial review.

Section 409.6-610 - Jurisdiction.

Section 409.6-611 - Service of process.

Section 409.6-612 - Severability clause.

Section 409.7-701 - Effective date.

Section 409.7-702 - Repeals.

Section 409.7-703 - Application of act to existing proceedings and existing rights and duties.