Get Uniform Branch Office Registration Form (Form BR)IARD

The Form U4 is the Uniform Application for Securities Industry Registration or Transfer. Representatives of broker-dealers, investment advisers, or issuers of securities must use this form to become registered in the appropriate jurisdictions and/or SROs.

An individual's firm can schedule a candidate to take the exam by filing Form U4 and paying the $175 examination fee. If an individual is not firm-registered, the candidate uses Form U10 to request and pay for the exam.

In a fintech company, typically, an OSJ (Office of Supervisory Jurisdiction) would focus more on regulatory compliance, risk management, and supervision of financial activities. Other non-OSJ branches might direct efforts toward sales activities, customer service, or other operational aspects of the business.

Form U4 is used to establish that registration. FINRA, other self-regulatory organizations (SROs) and jurisdictions use Form U5 (Uniform Termination Notice for Securities Industry Registration) to terminate registration and, if relevant, details why an individual left the firm.

An Office of Supervisory Jurisdiction (OSJ) is an office identified by the broker dealer as having supervisory responsibilities for agents and branch offices within its region. The OSJ has final approval of new accounts, and retail communication, The OSJ may also make markets or structures offerings.

Convenience office means a bank office at a fixed site that is open only at certain times or dates, such as at a nursing home, college orientation, or fair. The sole purpose of a convenience office is to serve the convenience of the bank's customers at specified special events or who may have limited mobility.

Form BR enables firms to register a branch office either by "registering" or "notice filing." Although SROs and jurisdictions may use these terms interchangeably, registering typically refers to a process that requires an approval by FINRA, other SRO or a jurisdiction before a branch office may begin doing business.

A “non-branch location” would be any location of the member, including but not limited to a main office, that does not qualify as a supervisory branch office, a limited supervisory branch office, or a non-supervisory branch office.