KRS 292.333: Successor broker -dealers and investment advisers -- New application for

or amendment to registration or notice filing -- Name change by registrant.

(1) Pursuant to subsection (2) or (3) of this section, a broker -dealer or investment

adviser may succeed to the unexpired portion of the current registration of another

broker-dealer or investment adviser or a notice filing of a federal covered

investment adviser, and a federal covered investment adviser may succeed to the

current registration of an investm ent adviser or notice filing of another federal

covered investment adviser by filing a new application for registration or notice

filing or amending the registration or notice filing of its predecessor. The successor

shall indicate on its application or amendment that it is filing as a successor.

(2) A successor broker -dealer or investment adviser shall file a new application for

registration if the succession is a result of a material change in the financial

condition, management, or ownership of the predecessor. The predecessor shall stop

conducting its securities business other than winding down transactions and shall

file for withdrawal of broker -dealer or investment adviser registration within forty -

five (45) days after the successor files its application for registration.

(3) A successor broker -dealer or investment adviser may file an amendment to the

registration of its predecessor if the succession is a result of a change in the form of

organization or the state of incorporation or organization of the predecessor that

does not involve a material change in the financial condition, management, or

ownership of the predecessor. The amendment becomes effective when filed or on a

date designated by the successor in its filing.

(4) A broker -dealer or investme nt adviser that changes its name may continue its

registration by filing an amendment to its registration. The amendment becomes

effective when filed or on a date designated by the registrant.