If you are engaged as a broker-dealer in Massachusetts you are required under chapter 110A Section 202 (c)(3)(a) of the General Laws of Massachusetts to file a Massachusetts Broker Dealer Bond as a condition of licensure.
Bonds Express offers a Massachusetts Broker Dealer Bondwith a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Massachusetts Broker Dealer Bond holds you accountable for your business decisions.
By possessing a Massachusetts Broker Dealer Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.