Title 808 | Chapter 010 | Regulation 020
808 KAR 10:020.Capital, records and reporting requirements of broker-dealers.
Section 1.
A broker-dealer, municipal security dealer, government security broker, or government security dealer shall:(1)
Be deemed to have complied with the requirements established in KRS 292.330 relating to capital, custody, margin, financial responsibility, making and keeping records, bonding, or financial or operational reporting if:(a)
The person is:1.
Registered with the United States Securities and Exchange Commission pursuant to 15 USC 78o; and2.
In compliance with the rules and regulations enacted by the United States Securities and Exchange Commission pursuant thereto;(b)
A copy of the information kept or provided to the United States Securities and Exchange Commission is made available or provided to the office as required by the executive director; and(2)
Comply with a reasonable request made by the executive director or a designated employee of the office for the assembly and production of information required to conduct an examination pursuant to KRS 292.330 or an investigation pursuant to KRS 292.460.HISTORY: (SR 330(5)-1, 2, 3, 4, 5, 6, 7; 1 Ky.R. 1092; eff. 6-11-75; Am. 11 Ky.R. 1904; eff. 7-9-85; 24 Ky.R. 2173; 25 Ky.R. 84; eff. 6-25-98; Crt eff. 2-27-2020.)
808 KAR 10:020.Capital, records and reporting requirements of broker-dealers.
Section 1.
A broker-dealer, municipal security dealer, government security broker, or government security dealer shall:(1)
Be deemed to have complied with the requirements established in KRS 292.330 relating to capital, custody, margin, financial responsibility, making and keeping records, bonding, or financial or operational reporting if:(a)
The person is:1.
Registered with the United States Securities and Exchange Commission pursuant to 15 USC 78o; and2.
In compliance with the rules and regulations enacted by the United States Securities and Exchange Commission pursuant thereto;(b)
A copy of the information kept or provided to the United States Securities and Exchange Commission is made available or provided to the office as required by the executive director; and(2)
Comply with a reasonable request made by the executive director or a designated employee of the office for the assembly and production of information required to conduct an examination pursuant to KRS 292.330 or an investigation pursuant to KRS 292.460.HISTORY: (SR 330(5)-1, 2, 3, 4, 5, 6, 7; 1 Ky.R. 1092; eff. 6-11-75; Am. 11 Ky.R. 1904; eff. 7-9-85; 24 Ky.R. 2173; 25 Ky.R. 84; eff. 6-25-98; Crt eff. 2-27-2020.)