Get Il Sec 311 2015-2025

The IL SEC 311 form is an essential document for registering as a securities dealer in the State of Illinois. This guide provides a clear and supportive step-by-step approach to completing the form online, ensuring that even those with limited legal experience can navigate the process effectively.

Follow the steps to complete the IL SEC 311 form online

1. Click the ‘Get Form’ button to access the IL SEC 311 form and open it in your preferred document editor.
2. Begin by entering the name of your firm in the designated field. Ensure that the name is correctly typed as it appears on your business records.
3. Provide the CRD number of your firm in the appropriate field. This number is critical for identifying your firm's registration status.
4. List the names, CRD numbers, and qualifying examinations of designated principals responsible for the offer or sale of securities. Include at least one examination-qualified principal as required.
5. Fill in the minimum net capital requirement in the specified field, ensuring that you affirm the commitment to maintain this capital.
6. Select the method you will use to calculate net capital by checking the appropriate box: Aggregate Indebtedness Method or Alternative Method.
7. Indicate whether you will maintain a special reserve account for customers by checking 'Yes' or 'No' in the related section.
8. Describe how you clear public customer accounts by checking the respective box based on your business operations.
9. If applicable, detail any limitations on your securities activities in Illinois, specifying the type of product you will be selling.
10. Confirm your understanding of the requirements regarding the main office location and record-keeping in Illinois if not maintained in the state.
11. Select the appropriate certification regarding the sale of securities, indicating whether you have engaged in or will engage in sales to Illinois residents.
12. List the names and CRD numbers of salespersons you will register under Section 8.C, completing this information accurately to ensure compliance.
13. Finally, add your name and title, provide the signature, and date the application to confirm its authenticity. Review all fields for accuracy before submission.
14. Once completed, save your changes, and you can choose to download, print, or share the completed form as needed.

Complete your IL SEC 311 form online today to ensure compliant registration as a securities dealer in Illinois.