{"@id":"https://credentialengineregistry.org/resources/ce-ea3c6a49-6866-45a3-8782-a4dd9db56a87","@type":"ceterms:License","@context":"https://credreg.net/ctdl/schema/context/json","ceterms:ctid":"ce-ea3c6a49-6866-45a3-8782-a4dd9db56a87","ceterms:name":{"en-US":"Dealer \u0026 Adviser Registration"},"ceterms:ownedBy":["https://credentialengineregistry.org/resources/ce-636f20b5-05c8-43b5-b7d2-b77f2ca35791"],"ceterms:requires":[{"@type":"ceterms:ConditionProfile","ceterms:name":{"en-US":"Licensure Requirements (General)"},"ceterms:description":{"en-US":"Each initial Dealer and Investment Adviser applicant undergoes a stringent review process that includes a review of their firm's application along with a review of the firm's formation documents, audited or certified balance sheet, and, if applicable, their client/advisory agreement. Each agent/investment adviser representative applicant must pass an examination requirement(s) and undergo an individual background check."}},{"@type":"ceterms:ConditionProfile","ceterms:name":{"en-US":"Licensure Requirements (Information for Applicants with a Criminal History / Background)"},"ceterms:description":{"en-US":"Section 4007.105 (formerly Section 14.A(1) and (2)) of the Act allow the Securities Commissioner to deny registration to a person: \n\nconvicted of any felony, or \nconvicted of any misdemeanor which directly relates to the person's securities-related duties and responsibilities. \nApplications or background checks showing a criminal conviction are considered on a case-by-case basis. See Rule 115.6 and Rule 116.6. The Texas State Auditor's Office has published a useful guide for applicants in this situation - Best Practices Guide: Applying for an Occupational License After Conviction or Deferred Adjudication (SAO Report No. 20-32). \n\nA person with a criminal history may also request the Agency issue a criminal history evaluation letter regarding the person's eligibility for a license prior to applying for a license. See Rule 104.7."},"ceterms:subjectWebpage":"https://www.ssb.texas.gov/securities-professionals/dealer-adviser-registration"}],"ceterms:offeredBy":["https://credentialengineregistry.org/resources/ce-636f20b5-05c8-43b5-b7d2-b77f2ca35791"],"ceterms:inLanguage":["en"],"ceterms:description":{"en-US":"State Securities Board personnel review all applications for the registration of dealers, agents, investment advisers, and investment adviser representatives to ensure that individuals and firms dealing with Texas investors meet certain minimum qualifications, are financially solvent, and of good business repute."},"ceterms:subjectWebpage":"https://www.ssb.texas.gov/securities-professionals/dealer-adviser-registration","ceterms:credentialStatusType":{"@type":"ceterms:CredentialAlignmentObject","ceterms:framework":"https://credreg.net/ctdl/terms/CredentialStatus","ceterms:targetNode":"credentialStat:Active","ceterms:frameworkName":{"en-US":"Credential Status"},"ceterms:targetNodeName":{"en-US":"Active"},"ceterms:targetNodeDescription":{"en-US":"Awards of the credential are ongoing."}}}