Wisconsin § 551.402 - Agent registration requirement and exemptions.
Full text of Wisconsin Wisconsin Statutes § 551.402 — Agent registration requirement and exemptions., with citation guidance and answers to common questions.
§ 551.402. Agent registration requirement and exemptions.
551.402(1) (1) Registration requirement. It is unlawful for an individual to transact business in this state as an agent unless the individual is registered under this chapter as an agent or is exempt from registration as an agent under sub. (2) . 551.402(2) (2) Exemptions from registration. The following individuals are exempt from the registration requirement of sub. (1) : 551.402(2)(a) (a) An individual who represents a broker-dealer in effecting transactions in this state limited to those described in section 15 (h) (2) of the Securities Exchange Act of 1934 ( 15 USC 78o (h) (2)). 551.402(2)(b) (b) An individual who represents a broker-dealer that is exempt under s. 551.205 (1) (b) 2. or 551.401 (2) or (4) . 551.402(2)(c) (c) An individual who represents an issuer with respect to an offer or sale of the issuer’s own securities or those of the issuer’s parent or any of the issuer’s subsidiaries, and who is not compensated in connection with the individual’s participation by the payment of commissions or other remuneration based, directly or indirectly, on transactions in those securities. 551.402(2)(d) (d) An individual who represents an issuer and who effects transactions in the issuer’s securities exempted by s.
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 551.402
What does Wisconsin Statutes § 551.402 cover?
Section 551.402 ("Agent registration requirement and exemptions.") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wisconsin § 551.402?
A common citation format is "Wisconsin Statutes § 551.402" (Wisconsin). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 551.402 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wisconsin.