Source: https://www.ssb.texas.gov/texas-securities-act-board-rules/board-rules/recent-changes-board-rules/march-1-2014
Timestamp: 2019-04-19 16:48:04+00:00

Document:
The Texas State Securities Board adopts an amendment to §115.18, concerning special application provisions available to a military spouse, military service member, or military veteran, without changes to the proposed text as published in the October 4, 2013, issue of the Texas Register (38 TexReg 6780).
The amendment implements Senate Bill 162 requiring licensing agencies to provide an additional alternative licensing procedure for military spouses and new alternative procedures for military service members and veterans seeking a registration or license in Texas. A related form is being concurrently adopted as is a comparable amendment for investment adviser and investment adviser representative applications. The amendment takes effect March 1, 2014, and applies to applications filed on or after that date.
A military spouse already licensed in another jurisdiction can request special consideration when applying for registration in Texas and a military service member or veteran can receive credit for comparable military service, training or education when applying for a Texas registration.
The amendment is adopted under Texas Civil Statutes, Article 581-28-1 and Chapter 55 of the Texas Occupations Code. Section 28-1 provides the Board with the authority to adopt rules and regulations necessary to carry out and implement the provisions of the Texas Securities Act, including rules and regulations governing registration statements and applications; defining terms; classifying securities, persons, and matters within its jurisdiction; and prescribing different requirements for different classes. Chapter 55 of the Texas Occupations Code authorizes the agency to adopt rules for licensure or registration of a person who is a military spouse, military service member, or military veteran who meets certain criteria.
The adopted amendment affects Texas Civil Statutes, Articles 581-12, 581-13, 581-14, 581-15, and 581-18.
The Texas State Securities Board adopts an amendment to §116.18, concerning special application provisions available to a military spouse, military service member, or military veteran, without changes to the proposed text as published in the October 4, 2013, issue of the Texas Register (38 TexReg 6782).
The amendment implements Senate Bill 162 requiring licensing agencies to provide an additional alternative licensing procedure for military spouses and new alternative procedures for military service members and veterans seeking a registration or license in Texas. A related form is being concurrently adopted as is a comparable amendment for dealer and agent applications. The amendment takes effect March 1, 2014, and applies to applications filed on or after that date.
The Texas State Securities Board adopts the repeal of §133.4, which adopts by reference a form concerning military spouse request for expedited review, without changes to the proposal as published in the October 4, 2013, issue of the Texas Register (38 TexReg 6785).
The Texas State Securities Board adopts new §133.4, which adopts by reference a form concerning request for special consideration of a registration application by a military spouse, military service member, or military veteran, without changes to the proposed text as published in the October 4, 2013, issue of the Texas Register (38 TexReg 6785).
The form allows a military spouse already licensed in another jurisdiction and a military service member or veteran to request special consideration or credit for comparable military service, training or education pursuant to §115.18 or §116.18, which are being concurrently amended. Existing §133.4 is being concurrently repealed. The new form takes effect March 1, 2014, and applies to applications filed on or after that date.
A military spouse already licensed in another jurisdiction and a military service member or veteran can complete the form to request special consideration or credit pursuant to §115.18 or §116.18.

References: §115
 §116
 §133
 §133
 §115
 §116
 §133
 §115
 §116