Securities

The department registers more than 200,000 broker-dealers, broker-dealer agents, investment advisers (IA's), investment adviser representatives (IA Reps) and notice filers (IA Notice Filers) who conduct securities-related business in Pennsylvania. Investment adviser representatives are individuals who represent investment adviser firms. The Department also registers or grants exemptions for equity and debt securities which allows companies to sell these securities to Pennsylvania investors.

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Securities-Related Entities

Broker-dealers can be a person or a company in the business of buying and selling securities, operating as both a broker and a dealer, depending on the transaction. 

Broker-dealer agents are individuals who represent broker-dealers, interact with investors and service brokerage accounts.

Investment advisers are firms or individuals compensated for advising investors on the purchase, sale or value of securities.

Investment adviser representatives (IA Reps) are individuals who represent investment adviser firms.

Issuers are companies that are raising capital through equity or debt to grow their business.  Each offering of securities must be either registered or exempt from registration.

Contact Us:

Office of Corporation Finance: 

(717) 425-5481

Bureau of Securities Compliance and Examinations: 

(717) 783-4223

Securities Registration Office: 

(717) 783-4217
RA-BNSECURITIESREG1@pa.gov

Research Investment Professionals/Firms

Investment Adviser Public Disclosure (IAPD)

Look for investment professionals and firms registered to do business in Pennsylvania

Investment Adviser Public Disclosure (IAPD)

BrokerCheck

Look for investment professionals and firms registered to do business in Pennsylvania

BrokerCheck

Registered Securities

Look for securities offerings that have been registered and can be sold to Pennsylvania investors. This does not include securities that have been sold under an exemption from registration.

Registered Securities

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Securities Portal Usage