{"data":{"id":"us-va/21vac5-20-40","jurisdiction":"us-va","citation":"21VAC5-20-40","heading":"Updates and amendments","body":"A. A  FINRA member broker-dealer shall update its Form BD as required by Form BD instructions and shall file all such amendments on and in compliance with all requirements of  CRD and in full compliance with the regulations prescribed by the commission.\n\nB. Any  non-FINRA member broker-dealer shall update its Form BD as required by Form BD instructions and shall file all such amendments with the commission at its Division of Securities and Retail Franchising.\n\nC. All broker-dealers must have at least one agent registered in Virginia as long as the firm maintains its registration.","path":["Title 21. Securities And Retail Franchising","Agency 5. State Corporation Commission, Division of Securities And Retail Franchising","Chapter 20. Broker-Dealers, Broker-Dealer Agents and Agents of the Issuer","Part I. Broker-Dealers"],"source_url":"https://law.lis.virginia.gov/admincode/title21/agency5/chapter20/section40/","current_through":"2026 Regular Session (effective July 1, 2026)","vintage":"","retrieved_at":"2026-09-14T04:53:33Z","sha256":"79d19f314c65e5b958fdea7f17bb35451fb56edb52c3ae32c7e4c078228ab50d","source_id":"us-va-vac","stale":false,"prev":"us-va/21vac5-20-30","next":"us-va/21vac5-20-50"},"notice":"GroundRules: Original legal text. Not legal advice."}