Securities

SUBJECT INDEX LISTING

Access to information is one of the simplest, yet most often overlooked tools by consumers when making a decision regarding the selection of a brokerage salesperson or an investment adviser.

The Illinois Securities Department and other regulatory agencies encourage you to be informed when making a decision about whom to select when trading securities or as your investment adviser. Use the following avenues to access important information concerning the background and status of securities firms and their brokerage salespersons as well as investment adviser firms and their staff of investment adviser representatives.

All of the resources outlined below are free of charge to investors.

Securities Dealers or Brokerage Salespersons

Information Concerning The Background And Registration Status Of Securities Dealers And Brokerage Salesperson

This information is provided from data maintained by the Financial Industry Regulatory Authority (FINRA) which operates a national database on behalf of itself and state securities regulators. Information provided at this site includes those states where a firm or individual salesperson is registered, reported disclosure of customer disputes, disciplinary and regulatory actions as well as the employment history of a brokerage salesperson.

Investment Advisers

Information Concerning The Background And Registration Status Of Investment Advisers

This information is provided from data maintained on the Investment Adviser Registration Depository. The U.S. Securities and Exchange Commission maintains a website called “Investment Adviser Public Disclosure”, or IAPD for short. The IAPD website provides an on-line look at the Form ADV for each investment adviser. Form ADV is the common application form submitted by all investment advisers which discloses information concerning the adviser’s ownership, states in which it is registered, the amount of assets under management, disciplinary information, and other detailed information for each investment adviser

Investment Adviser Representatives

Obtain a copy of a Central Registration Depository (CRD) report concerning an investment adviser representative directly from the Illinois Securities Department. The report provides information concerning the investment adviser representative’s employment history, securities examinations the representative has passed, licensing or registration status in Illinois or other applicable states and disciplinary history. To obtain a copy, call the Securities Department at 800-628-7937, or email your request to one of our investment advisory specialists at: lbednarko@ilsos.net or cjones@ilsos.net. When requesting information about an individual, please be sure to include the individual’s first and last name, the name of the investment adviser firm where the individual is employed, and address where the individual conducts business.

Please include your fax number or postal address for mailing of the requested report.

DISCLAIMER
The Secretary of State, Illinois Securities Department or their information providers shall not be liable regardless of the cause or duration, for any errors, inaccuracies, omissions or untimeliness of the information, or for any delay or interruption in the transmission thereof to the user, or for any claims or losses arising therefrom.