The Arkansas Securities Department is responsible for overseeing various securities programs and has the responsibility of insuring that investment advisers register, comply with state laws, as well as, handling of consumer complaints and providing consumer education. One of the requirements for registration is obtaining an Investment Advisor Surety Bond. The surety bond ensures compliance of state and federal laws and faithful performance of duties. Client funds that are inappropriately handled or misused could result in a claim on the bond.
A $50,000 surety bond is required if the investment adviser has custody of client funds or securities.
The premium that you pay for an Arkansas Investment Adviser Surety Bond is dependent on credit.
Most states require the Series 63 examination even if you have already passed the FINRA examination.
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, buy from us. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.
For a downloadable application