Loading chat...
NH SB496
Bill
AI Summary
-
Exempts private residences designated by broker-dealers as "residential supervisory locations" from being classified as branch offices under New Hampshire securities law
-
Defines "residential supervisory location" as a private residence from which an associated person performs supervisory functions in compliance with FINRA Rule 3110.19
-
Aligns state law with FINRA regulations that allow broker-dealer supervisors to work from home without triggering branch office registration requirements
-
Takes effect immediately upon passage
Legislative Description
Relative to supervision and registration requirements for associates of broker-dealers.
Last Action
Introduced (in recess of) 02/19/2026 and referred to Commerce and Consumer Affairs House Journal 5
2/26/2026
Committee Referrals
Commerce and Consumer Affairs2/26/2026
Commerce11/21/2025
Full Bill Text
No bill text available