Broker Dealers & Custodians

Broker Dealers Approved as Custodians

Bank Custodian Agreement

Broker Dealer Custodial Agreement

Broker Dealer Requirements

Proof of SEC Registration
Proof of SIPC Membership
Tangible Net Worth Equal or greater than $100 million - most recent audited financial statements
Regulatory Net Capital as Determined by the Commissioner - most recent focus report

If tangible net worth is equal to or greater than $50 million but less than $100 million, proof of SIPC excess insurance equal to or above market value of insurer assets held must be provided.
Please submit all materials and information to the attention of:

The Finance Division, Assistant Chief Analyst

Arkansas Insurance Department – Finance Division
1 Commerce Way
Little Rock, AR 72202-2087
501-371-2834, fax 501-371-2747
Insurance.Finance@arkansas.gov

Rule 26