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; and

2.

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.)

7-Year Expiration: 2/27/2027

Last Updated: 12/15/2021


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