An ordinary Rhode Island broker-dealer sales representative files Form U4 through CRD and pays the current $100 annual state fee. Current 230-RICR-50-05-1 governs examinations and bounded waiver and reentry conditions. Qualification must match the representative’s activities, and registration must be effective before activity begins.
Prelicensing education
- Education requirement explanation
- Qualification and any accepted alternative or waiver must match the current state rule; examination passage alone is not registration.
Background
- Fingerprint / background instructions
- Form U4 disclosures and regulator follow-up apply; no separate fingerprint requirement is inferred unless expressly documented.
Application
- Application fee
- R.I. Gen. Laws § 7-11-206(a)(2) currently sets a $100 annual sales-representative fee.
- Application channel / system
- The employing firm files Form U4 through CRD; filing and qualification do not create registration.
- Official application reference
- https://dbr.ri.gov/about-dbr/i-need-initial-license
Renewal & maintenance
- CE hours
- FINRA, state, and firm continuing-education duties depend on effective registrations and current rules.
Portability
- Portability / mobility notes
- Registration is firm-, function-, and jurisdiction-specific; examination validity and approval are separate.
Military / veteran / spouse
- Military experience / education credit
- No broad military credit is asserted unless expressly documented.
Source governance
- Primary authoritative source
- https://webserver.rilegislature.gov/Statutes/TITLE7/7-11/7-II/7-11-206.htm
- Last verified date
- 2026-08-31
- Verification status
- Verified
- Review / recheck date
- 2026-09-30
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