The $25,000 Georgia securities dealer bond is available from AmeriPro Surety Bonds today for filing. Please call us at 844-589-9732.
Broker dealers who have discretionary authority over the assets of their clients and who have a net worth of less than $250,000 may be required to furnish evidence of a $25,000 surety bond to the Commissioner.
This rule is according to the Georgia Administrative Code Rule 590-4-5-.08.
AmeriPro Surety Bonds helps you to file this surety bond with the Georgia Commissioner of Securities in a timely manner.
The Georgia securities dealer bond is a financial guarantee that securities dealers having discretionary authority over the accounts and investments of customers will act in accordance with the law.
The bond as such, protects your customers from acts of theft, fraud, embezzlement, and other criminal acts which may be committed and result in the harm of any customers.
Customers who may credibly evidence instance of financial harm may file against your surety bond and recover losses, but no more than the bond’s $25,000 amount from all claimants.
As principal of this surety bond, any claims paid against your bond are your financial and legal responsibility to reimburse in full to the surety.
The premium for the securities dealer bond will be determined by information provided in a surety bond application along with a credit score.
Applicants with very good credit may pay as little as $250 annually for this bond, 1%; however, the amount that you will be required to pay will largely be determined by your credit score.
To the extent necessary, AmeriPro Surety Bonds will work to find you the best overall surety bond pricing.
Once issued, the Georgia securities dealer bond is active one year from the date of issuance.
The bond must be kept on file for as long as the parameters for its requirement remain.
AmeriPro Surety Bonds is a surety bonds-only agency which provides license and permit, court, contractor, and fiduciary bonds throughout Georgia.
We also provide surety bonds nationwide.
Please give our agency a call today at:
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