The Board of Directors of the North American Securities Administrators Association, Inc. (NASAA) has authorized the release for internal and public comment proposed changes to the Uniform Branch Registration Form (Form BR), including its instructions.
Background and Summary
Form BR is the form used for branch office registration, notification, closing or withdrawal. Broker-dealers and investment advisers must use this form to register or notice file their branch offices in the appropriate participating jurisdictions and/or with self-regulatory organizations. NASAA’s CRD/IARD Steering Committee and NASAA’s CRD/IARD Forms and Process Committee have worked with other regulators and sought feedback from industry representatives to update Form BR and its instructions to reflect the current branch office supervisory structure, including removal of all references to the New York Stock Exchange, (particularly the NYSE Branch Information Section), as well as any obsolete terms. Additional proposed revisions to Form BR and its instructions are designed to enhance the collection of branch-related information and clarify certain items, particularly in connection with information regarding branch activities and responsibilities, as well as outside business activities.
- Form BR, including proposed changes
- Form BR, as a redline comparing proposed changes to the existing Form BR
The comment period will remain open to August 19, 2013. To facilitate consideration of comments, please submit comments to the following individuals: Melanie Senter Lubin (email@example.com), Chair of CRD/IARD Steering Committee, Pamela Epting, Chair of CRD/IARD Forms and Process Committee (firstname.lastname@example.org), and Joseph Brady (email@example.com) and A.Valerie Mirko (firstname.lastname@example.org), NASAA Legal Department. We encourage, but do not require, comments to be submitted by e-mail. Hard copy comments can be submitted to the address below. We also welcome any general comments regarding Form BR.
NASAA Legal Department
Joseph Brady, General Counsel
A.Valerie Mirko, Associate General Counsel
750 First Street N.E., Suite 1140
Washington, DC 20002