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SB496 Relative to supervision and registration requirements for associates of broker-dealers.

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Relative to supervision and registration requirements for associates of broker-dealers.

Impact Score — How Does This Bill Affect You?

6

Overall Impact Score

Mixed

Scale: 1 (harmful) to 10 (beneficial)

6
💰

Your Wallet

Better oversight of broker-dealer associates helps protect NH investors from fraud and unsuitable investment recommendations that could cost them money.

6
🏘️

Your Community

Stronger financial industry regulation protects NH residents, particularly retirees and less sophisticated investors, from financial misconduct.

5
⚖️

Your Freedom

Standard financial industry regulatory update that balances investor protection with industry compliance requirements.

Status

Enrolled (in recess of) 06/04/2026 House Journal 15

Sponsor

Tim McGough (R)

The Short Version

Updates supervision and registration requirements for associates working at broker-dealer firms. These are the people who sell securities and investment products to NH residents.

Who's Behind This Bill?

Who Benefits

  • NH investors and consumers of financial services
  • Retirees vulnerable to financial exploitation

Who Pays the Price

  • Broker-dealer firms facing updated compliance requirements
  • Associates subject to new registration rules

Bill statuses as of May 2026. Check LegiScan or NH General Court for the latest.

This bill was auto-scored using AI analysis of the bill text and legislative data. Scores may be refined as we review more bills.