AGENCY: Department of Commerce. Division of Securities
SERIES: 80726
TITLE: Broker dealer files
DATES: 1978-
ARRANGEMENT: Alphabetical by name
DESCRIPTION: This is the record of the registration of individuals engaged in the business of effecting transactions in securities and in advising others as to the value of securities and the advisability of investing in securities. According to UCA 61-1-4, the registration is good until December 31 of each year and must be renewed annually. The file includes the applicant's form and place of organization; the qualifications and business history of the applicant; in the case of a broker dealer or investment advisor, the qualifications and business history of any partner, officer, or director, any person occupying a similar status or performing similar functions, or any person directly or indirectly controlling the broker-dealer or investment advisor; and, in the case of an investment advisor, the qualifications and business history of any employee; any injunction or administrative order or conviction of a misdemeanor involving a security or any aspect of the securities business and any conviction of a felony; and the applicant's financial condition and history.
RETENTION
Retain for 6 year(s)
DISPOSITION
Destroy.
RETENTION AND DISPOSITION AUTHORIZATION
These records are in Archives' permanent custody.
APPROVED: 06/1987
FORMAT MANAGEMENT
Paper: Retain in Office for 1 year and then transfer to State Records Center. Retain in State Records Center for 5 years and then destroy.
Microfilm master: Retain in Archives for 6 years and then destroy.
Microfilm duplicate: Retain in Archives for 6 years and then destroy.
APPRAISAL
Administrative Legal
UCA 61-1-21 sets a five year statute of limitations for actions in violation of the Utah Uniform Securities Act.
PRIMARY DESIGNATION
Public. Where license is granted, whether or not later suspended or revoked and all other portions of the CRD file not included below.
SECONDARY DESIGNATION
Private. Pending or withdrawn applications, CRD records, social security number, and home address.