UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549




                                    Form 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  February 14, 2006
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                        Investors Capital Holdings, Ltd.
                           ---------------------------
             (Exact name of registrant as specified in its charter)



Massachusetts                  1-16349             04-3284631
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(State or other jurisdiction   (Commission         (IRS Employer
of incorporation)              File Number)        Identification No.)



230 Broadway East, Lynnfield, Massachusetts  01940
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(Address of principal executive offices)    (Zip Code)



Registrant's telephone number, including area code:  (800) 949-1422
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Item 2.02 Results of Operations and Financial Condition.


Item 7.01 Regulation FD Disclosure.

Investors Capital Holdings, Ltd. has reported its earnings results for the third
quarter ended December 31, 2005. The Company's press release dated February 14,
2006, announcing the results, is attached hereto as an Exhibit. All the
statements and information in this Form 8-K are hereby furnished under Item 12
(Results of Operations and Financial Condition).


Item 9.01 Financial Statements and Exhibits.

(c) Exhibits.

Exhibit 99.1:   Press Release dated February 14, 2006



                                   SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.





Date: February 14, 2006          /s/ Timothy B. Murphy
                                 -------------------------------------
                                 Timothy B. Murphy
                                 Chief Financial Officer, Chief Accounting
                                 Officer, Treasurer, Executive Vice President,
                                 and Director


                                  EXHIBIT INDEX
                                  -------------


Exhibit
Number                         Description
- ------                         -----------

99.1                           Press Release dated February 14, 2006