Home / Compliance / Maryland / Broker-Dealer
Maryland Broker-Dealer Compliance
Maryland is a state with strong senior-investor protections. FIN Group provides fractional CCO services, Form BD filings, annual reviews, and exam support for Broker-Dealers operating here.
Who needs to register in Maryland
Any Broker-Dealer with a principal place of business in Maryland, or with clients located in Maryland above the de minimis threshold, must register with the Maryland Office of the Attorney General — Division of Securities or — if eligible — with the SEC.
Maryland-specific nuance
Maryland charges $300 for RIA registration and enforces specific rules on annuity and insurance-linked marketing.
Regulator: Maryland Office of the Attorney General — Division of Securities
Annual obligations for Broker-Dealers
The core federal calendar that applies on top of Maryland's requirements:
- Maintain FINRA membership and Form BD currency
- File quarterly FOCUS reports (Form X-17A-5)
- Maintain Written Supervisory Procedures (WSPs) covering all business lines
- Conduct annual Rule 3120 compliance testing and Rule 3130 CEO certification
- Comply with Reg BI for all retail recommendations (Form CRS required)
- Run AML program under FinCEN with annual independent testing
How FIN Group helps Maryland Broker-Dealers
Fractional CCO
A named, senior CCO who owns your Form BD filings, annual review, and exam response.
Explore Fractional CCOCompliance Calendar Software
RegReview tracks every state, federal, and firm-level deadline with automatic reminders.
Explore Compliance Calendar SoftwareMarketing Compliance Review
ADScanner reviews every piece of marketing for Rule 206(4)-1 / FINRA 2210 issues in seconds.
Explore Marketing Compliance ReviewInvestor Onboarding
InvestPrep handles KYC, AML, and subscription documents end-to-end.
Explore Investor OnboardingBroker-Dealer compliance in other states
Also exploring a different registration type? Maryland RIA · Maryland Private Fund
Ready to simplify Maryland compliance?
Talk to a senior CCO in 24 hours. No sales gauntlet.