PLEASE NOTE: Once an FINRA broker-dealer has become registered, there is no longer a requirement that financial statements be submitted every six months. See Release Number 2002-2-S.

1. Amendments: Any amendments to the broker-dealer's Form BD should be submitted electronically through the CRD System.

2. Mass Transfer: Firms may mass transfer registered agents from one firm to another. Michigan has a mass transfer fee of $10.00 per agent. FINRA will notify Michigan when the transfer takes place, and OFIR will issue a letter to the firm the agents are transferring to with a total amount due. PAYMENT MUST BE MADE IMMEDIATELY TO OFIR. The check should be made payable to the State of Michigan and sent to the address at the bottom of this page.

3. Renewal fees: Payments are processed through the CRD System. The renewal fee is $300.00 per broker-dealer and is due by December 31^st.; The fee is deducted automatically from the broker-dealer's account based upon the renewal timetable set up each December by FINRA. All FINRA firms are notified well in advance of the renewal fee deadline and should have adequate monies in their account to cover all fees due. Failure to pay the renewal fee will result in a broker-dealer's registration being automatically terminated through the CRD System.

4. Successor Broker-Dealers: Please submit an amended Form BD originally signed and dated by both the applicant and a notary along with a cashier's check or money order made payable to the State of Michigan in the amount of $125.00. The amended Form BD and payment should be sent directly to

   Office of Financial and Insurance Regulation
   Securities Registration
   P.O. Box 30220 ,
   Lansing , MI 48909 .