NMLS has released new functionality for the electronic submission of company financial statements via NMLS. This enhanced functionality allows companies to submit financial statements without additional processing fees for all NMLS participating states.
Do not send paper financial statements to any jurisdiction participating in NMLS. Companies will be able to file financial statements as a single PDF file through NMLS.
Companies should follow the steps below to submit their financial statements through NMLS:
- Consult the Financial Statements Requirements Summary to determine which classification of financial statement needs to be submitted. Companies licensed in more than one jurisdiction must submit the most stringent classification required among the jurisdictions. For more explanation see Determining the Classification of Financial Statements to Submit.
- Determine when you should submit your financial statement.
- New licensees are required to submit financial statements at the time of application.
- Existing licensees without a NMLS record should submit at the time of transition.
- Existing licensees already on NMLS are required to submit their annual financial statements within 90 days following their Fiscal Year End.
- Prepare your financial statement as a single PDF file. For help on this see PDF Tips.
- Log in to NMLS, go to the Financial Statements section under the Filing tab and submit your financial statement. For more details see Submitting Financial Statements Quick Guide.