Arkansas Code Title 23, Subtitle 2, Chapter 42, Subchapter 3 - Broker-Dealers, Agents, and Investment Advisers

• § 23-42-301 - Registration Required -- Unlawful Acts -- Supervision Requirements.
  (a) It is unlawful for a person to transact business in this state as a broker-dealer or agent unless he or she is registered...
• § 23-42-302 - Registration Procedure.
  (a) (1) A broker-dealer, agent, investment adviser, representative, or branch office may obtain an initial or renewal registration by filing with the Securities Commissioner...
• § 23-42-303 - Minimum Net Capital Requirement.
  (a) The Securities Commissioner shall require a minimum net capital for registered broker-dealers in such amount as he or she may by rule prescribe...
• § 23-42-304 - Filing Fees -- Rules and Regulations.
  (a) Every applicant for initial or renewal registration and every person making a notice filing as required by § 23-42-301(c) shall pay a filing...
• § 23-42-305 - Corporate Surety Bonds -- Alternatives.
  (a) (1) The Securities Commissioner shall require registered broker-dealers, investment advisers, and an agent for the issuer to maintain a bond in such form...
• § 23-42-306 - Records and Reports -- Examinations.
  (a) Every applicant, registered issuer, registered broker-dealer, or registered investment adviser shall make and keep any accounts, correspondence, memoranda, papers, books, and other records...
• § 23-42-307 - Unlawful Acts by Investment Advisers.
  (a) It is unlawful for any investment adviser or representative: (1) To employ any device, scheme, or artifice to defraud the other person; (2)...
• § 23-42-308 - Denial, Suspension, Revocation, or Withdrawal of Registration, and Other Penalties.
  (a) The Securities Commissioner may by order deny, suspend, make conditional or probationary, or revoke any registration if he or she finds that: (1)...

Last modified: November 15, 2016