The Securities Bureau of the Department of Insurance, Securities and Banking (DISB) administers and enforces the District of Columbia’s laws and regulations applicable to securities offerings and investment professionals. DISB licenses and monitors investment advisers and their representatives and broker-dealers and their agents, and reviews certain public securities offerings in the District of Columbia, independently or in conjunction with the federal Securities and Exchange Commission (SEC).
DISB also receives notice filings of other public securities offerings, such as mutual funds, which are reviewed solely by the SEC, and certain exempt or private securities offerings, such as offerings pursuant to SEC Regulation D, Rule 506. DISB strives to protect D.C. investors by ensuring that those who provide investment opportunities and investment-related services are qualified and properly licensed, and comply with all applicable requirements. The DISB Examinations Division conducts on-site examinations of investment advisers and broker-dealers to ensure compliance with applicable rules and statutes. The DISB Examinations Division also receives, investigates and resolves investor complaints.
- 2015 FINRA Annual Renewal Program
- Industry Notice: Fingerprint Processing Fee Increase
- Updates for the Securities Industry
- Licensing Requirements for Broker-Dealers
- Licensing Requirements for Investment Advisers and Representatives
- Corporation Finance
- Examination Process
- Questions and Answers for Securities Professionals