Initial Registration

  1. Initial registration for an agent is very simple: if a person or an entity fits the definition of an agent, he/she/it must register as an agent via the broker-dealer.
     
  2. In addition, the USA mentions that both the agent and the broker-dealer are to notify the Administrator of new employment.

Update

  1. If an agent has any material change in vital information (e.g. address) at any time, both he/she and the broker-dealer must notify the Administrator.

Post Registration Requirements

Renewal
An agent's broker-dealer usually pays annual renewal fees.

Termination

  1. If an agent's affiliation with a broker-dealer is terminated at any time, either by the agent or by the broker-dealer, both parties are to notify the Administrator.
     
  2. An agent's registration is active only as long as he or she is affiliated with a broker-dealer.
Introduction

Related Articles
  1. Investing

    How Real Estate Agent and Broker Fees Work

    Buying or selling a home? What you need to know about real estate agent and broker fees.
  2. Investing

    Do You Need A Real Estate Agent?

    There's no guarantee that realtors will act in your best interest, but it may be worth hiring one anyway.
  3. Investing

    Top 5 Signs Of A Bad Real Estate Agent

    The signs of a bad agent go beyond whether your home sells quickly.
  4. Insurance

    How to Become a Life Insurance Agent

    The pros and cons of selling life insurance, a field that can be hard to crack, but can pay off big when you do.
  5. Investing

    Top 10 British Broker-Dealer Firms In 2017 By AUM

    Here are the top 10 broker-dealers in the U.K. by assets under management.
  6. Investing

    How Do Real Estate Agents Get Paid?

    Here's how real estate commissions on home sales really work. And, yes, they're negotiable.
  7. Investing

    Top 25 Broker-Dealer Firms as of October 2017

    These are the top 25 broker-dealer firms based on assets under management.
  8. Investing

    5 Reasons Why You Still Need A Real Estate Agent

    Doing the work yourself can save money, but it could end up being more costly than a realtor’s commission in the long run.
  9. Investing

    Would You Make A Good Real Estate Broker?

    How to tell if you'd be good in this field. It is a common second career for many people, but isn't a good match for everyone.
Frequently Asked Questions
  1. Do interest rates increase during a recession?

    Learn why interest rates do not rise in a recession; in fact, the opposite happens. Identify the factors that reduce interest ...
  2. What is the difference between deflation and disinflation?

    Learn what deflation and disinflation are, how supply and demand affect price levels, and the difference between deflation ...
  3. What rights do all common shareholders have?

    Learn what rights all common shareholders have, and understand the remedies that can be taken if those rights are violated ...
  4. What does CHIPS UID mean?

    Learn what CHIPS UID stands for and how it facilitates the transfer of funds as the back-end of the ACH network for both ...
Trading Center