N.J. Admin. Code § 13:47A-1.8
Current through Register Vol. 56, No. 21, November 4, 2024
In lieu of the bonds required by 13:47A-1.6 (Minimum net capital), the applicant may deposit cash or securities with the Bureau Chief, and the amount thereof shall be determined by the Bureau Chief having due regard for the amount of the bond required and the nature of the securities furnished. No securities other than those listed on the New York Stock Exchange or the American Stock Exchange or designated or approved for designation upon notice of issuance as a National Market System security on the National Association of Securities Dealers' Automated Quotation System will be accepted, except that mutual funds may be accepted in certain cases, in the discretion of the Bureau Chief.
N.J. Admin. Code § 13:47A-1.8
See: 24 New Jersey Register 2524(a), 24 New Jersey Register 4060(a).
Recodified from 13:47A-1.7; revised text. Old 13:47A-1.8 Change of status; submission of form recodified to 13:47A-1.9.