The Utah Broker/Dealer Agent Bond is required by the Utah Department of Commerce, Division of Securities in the amount of $25,000. The bond states that the bondholder shall comply with the provisions of the Utah Uniform Securities Act.
In order to find out the cost of the surety bond, all we need is the completed application. Surety1 has access to the best surety markets available so we will be able to get you bonded quickly at the best possible price.
Who needs a Utah Broker/Dealer Agent Bond?
An agent is any individual other than a broker-dealer who represents a broker-dealer or issuer in effecting or attempting to effect purchases or sales of securities. The Agent Bond is one of the licensing requirements.
What are other requirements of the Agent?
Applicants seeking a license as an agent of a FINRA member Broker-Dealer, must file with the Central Registration Depository. The initial license requirements include completion of the FINRA Form U-4. Proof of passing the Series 63 or 66 Examination. And, payment of $60 for the agent license fee.
Where can I get a Utah Indemnity Bond of Investment Adviser?
At Surety1 we will get you bonded quickly. You can be assured of the lowest rates as we have partnered with over a dozen A-rated surety markets. We have friendly agents who are willing to answer all your queries and give you only the best service.
First, start the process by using our easy to navigate, free online application form. Then, after your application has been submitted, one of our surety agents will contact you with a no-obligation quote on the bond premium. After that, once you are ready to move forward, you just need to pay the premium and sign the agreement. Lastly, your surety bond will be mailed to you by USPS Priority Mail. Overnight delivery is also available for an additional fee.
Surety1 has been issuing surety bonds in Utah since 2003. We continue to be rated A+ by the Better Business Bureau for our outstanding service.