20:08:03:04Net capital requirements of broker-dealers.
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
A broker-dealer registered or required to be registered under SDCL chapter 47-31B shall have and maintain an adjusted net capital in compliance with Rule 15c3-1 (17 C.F.R. § 240.15c3-1) under the Securities Exchange Act of 1934.
Source: 27 SDR 5, effective July 31, 2000; 30 SDR 211, effective July 1, 2004.