Investment advisers in the US must be registered either with the SEC or with the state(s) where they operate or qualify for an exemption from registration. Registration requirements can vary among jurisdictions. Advisers are encouraged to conduct their own research regarding registration requirements before submitting new account applications with Interactive Brokers.
For additional information, please see the tabs above.
All securities investment advisers in the US must be registered either with the SEC or with the states where they operate unless subject to an exemption from registration. Registration requirements for professional advisors with operations in the US generally are as follows:
An advisor generally must register with the SEC as an RIA (Registered Investment Advisor) if you:
The SEC can be contacted directly at (202)-551-6999 or online at www.sec.gov/divisions/investment/iard/register.shtml
You may be required to register with the NFA, unless you qualify for an exemption.
If you are not eligible to register with the SEC, state law may require you to register in the jurisdiction where you operate. Advisors with more than $25 million AUM or more than a certain number of clients (typically 1 or 6 depending on the state) must register with their state. Advisers are encouraged to conduct their own research regarding registration requirements before submitting new account applications with Interactive Brokers.
|Alabama Securities Commission
|Alaska Department of Commerce, Community, and Economic Development
|Arizona Corporation Commission, Securities Division
|Arkansas Securities Department
|California Department of Corporations
|Colorado Division of Securities
|Connecticut Department of Banking
|Delaware Department of Justice
|District of Columbia
|Department of Insurance, Securities & Banking
|Florida Office of Financial Regulation
|Georgia Secretary of State, Division of Business Services
|Hawaii Department of Commerce & Consumer Affairs, Securities Division
|Idaho Department of Finance
|Illinois Office of the Secretary of State, Securities Department
|Indiana Secretary of State, Securities Division
|Iowa Insurance Division, Securities Bureau
|Kansas Office of the Securities Commissioner
|Kentucky Department of Financial Institutions
|Louisiana Office of Financial Institutions
|Department of Professional & Financial Regulation, Office of Securities
|Maryland Office of the Attorney General, Division of Securities
|Massachusetts Securities Division
|Michigan Office of Financial & Insurance Regulation
|Minnesota Department of Commerce
|Mississippi Office of the Secretary of State, Securities & Charities Division
|Missouri Office of the Secretary of State, Securities Division
|Montana Commissioner of Securities & Insurance
|Nebraska Department of Banking & Finance
|Nevada Secretary of State, Securities Division
|New Hampshire Bureau of Securities Regulation
|New Jersey Department of Law & Public Safety, Bureau of Securities
|New Mexico Regulation & Licensing Department, Securities Division
|New York Office of the Attorney General, Investor Protection Bureau
|North Carolina Department of the Secretary of State, Securities Division
|North Dakota Securities Department
|Ohio Department of Commerce, Division of Securities
|Oklahoma Securities Commission
|Oregon Department of Consumer & Business Services, Division of Finance & Corporate Securities
|Pennsylvania Securities Commission
|Rhode Island Department of Business Regulation
|South Carolina Attorney General
|South Dakota Department of Labor & Regulation, Division of Securities
*Per the South Dakota Department of Labor & Regulation, any securities advisor who resides in the state and receives compensation for advising others must be registered.
|Tennessee Department of Commerce & Insurance, Securities Division
|Texas State Securities Board
|Utah Department of Commerce, Division of Securities
|Vermont Department of Banking, Insurance, Securities & Health Care Administration
|Virginia State Corporation Commission, Division of Securities & Retail Franchising
|Washington Department of Financial Institutions, Securities Division
|West Virginia Office of the State Auditor, Securities Division
|Wisconsin Department of Financial Institutions, Division of Securities
|Wyoming Secretary of State, Securities Division
|Prince Edward Island
The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. For more information, read the "Characteristics and Risks of Standardized Options".
Your capital is at risk and your losses may exceed the value of your original investment.
Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Reference Number 208159.
Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (www.sipc.org) compensation scheme;
products are only covered by the UK FSCS in limited circumstances.
Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page.
For a list of IBG memberships worldwide, see our exchange listings.