S.C. Code Regs. 13-409
S.C. Code Regs. 13-409. Sole Proprietor Investment Advisers
An individual acting as a sole proprietor who meets the definitions of investment adviser in Section 35-1-102(15) of the Act, and investment adviser representative in Section 35-1-102(16) of the Act, must register in South Carolina as both an investment adviser and an investment adviser representative.