Form SEC331.1 Dual Registration as an Investment Adviser Representative and Salesperson - Illinois

What Is Form SEC331.1?

This is a legal form that was released by the Illinois Secretary of State - a government authority operating within Illinois. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form SEC331.1?
A: Form SEC331.1 is a form that allows individuals to register as both an Investment Adviser Representative and Salesperson in the state of Illinois.

Q: Who can use Form SEC331.1?
A: Individuals who want to register as both an Investment Adviser Representative and Salesperson in Illinois can use Form SEC331.1.

Q: What does dual registration mean?
A: Dual registration means being registered as both an Investment Adviser Representative and a Salesperson.

Q: Why would someone need to dual register as an Investment Adviser Representative and Salesperson?
A: Someone may need to dual register if they want to provide investment advice and also engage in sales activities in Illinois.

Q: Are there any requirements to dual register as an Investment Adviser Representative and Salesperson?
A: Yes, there may be specific requirements and qualifications set by the Illinois Securities Department or the SEC that individuals must meet in order to dual register.

Q: Can I dual register as an Investment Adviser Representative and Salesperson in other states?
A: The ability to dual register may vary by state, so it's best to check with the securities regulatory authority in each state to determine their specific requirements.

Q: What are some other forms related to registration as an Investment Adviser Representative and Salesperson?
A: Other forms that may be required for registration include Form ADV, Form U4, and Form U10, depending on the state and the individual's circumstances.

Q: What is the purpose of dual registration?
A: Dual registration allows individuals to legally engage in both investment advisory services and sales activities in Illinois, providing more flexibility in their professional roles.