Licensing and Regulatory Affairs
ORDER NO. 2018-1 ADMINISTERING THE MICHIGAN UNIFORM SECURITIES ACT, MARCH 28, 2018
The former Administrator, by Order, designated the Central Registration Depository (“CRD”) or Investment Adviser Registration Depository (“IARD”), operated by the Financial Industry Regulatory Authority (“FINRA”), to receive and store filings and collect related fees from all persons required to register or notice file with Michigan under the Act. The current Administrator, via Order 2018-1, ordered that records and information obtained by the Administrator from FINRA through the CRD and IARD databases, other than those records received by FINRA on behalf of the Administrator, are not available for public examination under MCL 451.2607(1), MCL 451.2607(2)(f)(ii), and section 13(1)(d) of the Freedom of Information Act, MCL 15.243(1)(d).
Persons seeking information regarding individuals and firms registered under the Act may visit FINRA’s BrokerCheck (https://brokercheck.finra.org/) and the Securities and Exchange Commission’s Investment Adviser Public databases (https://www.adviserinfo.sec.gov/) for publicly-available information concerning the registration history, disciplinary and customer complaint history, and employment status of a broker-dealer firm, broker-dealer agent, investment adviser firm, or investment adviser representative. Requests for registration applications or other public records maintained by the Administrator under the Act must be made to the LARA FOIA Office, www.mi.gov/larafoia.