Form Br - Uniform Branch Office Registration Form Instructions Page 9

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Rev. Form BR (04/2014)
EXPLANATION OF TERMS
The following definitions apply to terms that are italicized in Form BR.
APPLICANT – The Broker-Dealer or state registered Investment Adviser filing or
amending this form.
APPROPRIATE SIGNATORY – The individual the applicant authorizes to execute
the applicant’s Form BR on the applicant’s behalf. The appropriate signatory must
meet the criteria established, if any, by the appropriate self-regulatory organization
and/or jurisdiction.
ASSOCIATED INDIVIDUAL – For purposes of Form BR, a natural person who is
registered with the applicant.
CLOSING – An applicant’s request to terminate a branch office registration or notice
filing when an applicant intends to cease, or has ceased, operations at a branch
office.
INVESTMENT-RELATED – Pertains to securities, commodities, banking, insurance,
or real estate (including, but not limited to, acting as or being associated with a
Broker-Dealer, issuer, investment company, Investment Adviser, futures sponsor,
bank, or savings association).
JURISDICTION – A state, the District of Columbia, the Commonwealth of Puerto
Rico, the U.S. Virgin Islands, or any subdivision or regulatory body thereof.
OFFICE OF SUPERVISORY JURISDICTION (OSJ) – A location as defined by
FINRA Rules.
PERSON – An individual, partnership, corporation, trust, or other organization.
PERSON-IN-CHARGE – A natural person, associated with the applicant and
appropriately registered, who is physically located at a non-OSJ branch office and
who has been designated by the applicant to manage the activities of the individuals
working at the branch office. The Person-in-Charge is not required to be registered in
a principal capacity with the applicant.
SELF-REGULATORY ORGANIZATION (SRO) – Any national securities or
commodities exchange or registered securities association, or registered clearing
agency.
SUPERVISOR – A natural person, associated with the applicant and appropriately
registered in a principal capacity with an SRO, who is physically located at an OSJ
branch office.
WITHDRAWAL – An applicant’s request to withdraw an initial Form BR filing prior to
approval of the branch office identified in that filing. Withdrawal applies only for
jurisdictions/SROs that register branch offices.
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