{"@id":"https://credentialengineregistry.org/resources/ce-f7e190e1-26e5-403a-a2d5-385d09900749","@type":"ceterms:License","@context":"https://credreg.net/ctdl/schema/context/json","ceterms:ctid":"ce-f7e190e1-26e5-403a-a2d5-385d09900749","ceterms:name":{"en-US":"Securities Dealer / Investment Advisor"},"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 agent/investment adviser representative applicant must pass an examination requirement(s) and undergo an individual background check."},"ceterms:subjectWebpage":"https://www.ssb.texas.gov/securities-professionals/dealer-adviser-registration"},{"@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.\n\nApplications or background checks showing a criminal conviction are considered on a case-by-case basis."},"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.\r\n\r\nEach 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."},"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."}}}