If a legal violation by a broker-dealer, investment adviser or securities agent has occurred, the Enforcement Division has authority to censure or revoke the license. For more information on the complaint filing process, please go to our complaints page . How to check an individual's License Status When considering the purchase of investment products, it is important to understand the products and the risks involved. It is also a good idea to check on the licensing status and background of the agent, broker-dealer or investment adviser you are working with. Department staff can also check the registration status of securities, franchises, subdivided land and camping club memberships.
Public information is available on every individual and company licensed by the department.
This includes licensing information, enforcement actions and other data not protected under Minnesota's Data Privacy laws. Information about cases currently under investigation cannot be revealed. Staff is available to answer questions from investors, the regulated industry and the general public. All filings submitted for registration or exemption are available to the public, including applications, financial disclosures, and annual reports.