Whats Going to Happen With All Those Private Fund Adviser Registration Applications?

February 14 will be here in a few weeks, and registering advisers are scrambling to submit their applications by this de facto deadline. Filing later will not provide the 45 days the SEC allows itself to declare an application effective by March 30. March 30 is the extended compliance deadline by which private fund advisers […]

Reminder: IARD Is Open Some Weekends for Your Filing Convenience

Got a private fund adviser gearing up for registration? Or perhaps it may just be that you need the extra time to file under the wire and meet a deadline.Whatever the reason, the Investment Adviser Registration Depository (IARD) is there for you. While the FINRA-operated adviser registration and filing system advertises that it is available […]

2012 Renewal Fees Due December 12

Advisers that owe the North American Securities Administrators Association (NASAA) annual fees, and broker-dealers renewing membership with FINRA take note – your fees are due December 12. FINRA posted Notice 11-51 earlier this month reminding advisers and broker-dealers of the approaching payment deadline to remain in good standing for the coming year. Late payers risk […]

With Registration Compliance Likely Delayed, What Happens To Your IARD Accounts?

Do they expire if unused for too long? If the accounts expire, do advisers lose their deposited funds?Private fund advisers that were anticipating a July 21 registration deadline have been busy establishing their Form ADV filing accounts through the Investment Adviser Registration Depository (IARD) system. Without the user (filing) and daily (funding) accounts opened and […]

IARD Filing Fees Modified For 2011

Its that time of year again.The obligation to file IARD (Investment Adviser Registration Depository) fees is being renewed and the fee schedule is being slightly modified for the coming year. Last Thursday, the SEC issued a notice of its intent to revise the IARD filing fee schedule for SEC-registered and registering advisers beginning January 1, […]

IARD Upgrade Makes Electronic Filing Of Form ADV-E Mandatory

All those custody rule surprise examination reports just embraced the electronic age. Starting today, the IARD (Investment Adviser Registration Depository) now accepts electronically filed Forms ADV-E, used to report surprise exam results as well as notices of accountant changes. Because electronic filing is available, it is now the mandatory method for filing. Paper documents will […]

IARD Filing Fees Waived Another Five Months

Its nice to have money. Especially in these days of bubble-bursting, belt-tightening, and bottom-hitting. Its even nicer when regulators acknowledge they have enough money and dont need more of yours.Effective August 1, the SEC extended through the end of the year a nearly four-year old waiver of fees for the Investment Adviser Registration Depository. Advisers […]

Advisers Should Review Disciplinary Disclosures, Says Walsh

OCIE chief counsel John Walsh has highlighted disciplinary disclosures made on DRPs attached to Form BDs and U-4s as an area that merits heightened attention by advisers. At the recent “SEC Speaks” conference, Walsh noted that the SEC has “very serious disclosure requirements” with respect to past disciplinary events. “I would urge you to take […]

SEC to Repropose Form ADV Part 2 This Week

After eight long years in hibernation, its back! On Wednesday, February 13, the Commission will hold an open meeting to consider whether to re-propose new Form ADV Part 2. The new Part 2 would replace current Part II and its cumbersome Schedule F disclosure format by requiring advisers to draft a stand-alone narrative brochure with […]

IARD Renewal Season

Its time to think about IARD renewals again. IARD preliminary renewal statements will be available on November 5, 2007. For more information, check out the calendar and checklist available on the IARDs renewal program page. The 2008 renewal bulletin will be posted soon.

Audio Interviews

How to Read an SEC Enforcement Action

Stern Tannenbaum law firm partner Aegis Frumento on how to get the most from reading an SEC administrative order or court complaint.

Most Important Supreme Court Decisions for Advisers and Funds

Find out the high court decisions from recent years that are likely to affect how advisers and investment companies work from Debevoise partner Robert Kaplan. 

Top 10 Cybersecurity Steps to Take Now

Sutherland law firm partner Brian Rubin shares the most urgent cybersecurity steps for investment advisers.

Top Marketing Problems … and Solutions

Get solutions for the top marketing challenges that advisers face from ACA Compliance Group managing director Kimberly Daly

Watch Out for 5 Cybersecurity Myths

ACA Aponix Director Pascal Busnel on the most common cybersecurity myths that may cause firms to spend resources where they may not be needed.

The Hidden Costs of Non-Compliance

Proskauer law firm partner and former SEC Division of Investment Management deputy director Robert Plaze on why the costs of non-compliance go way beyond an SEC penalty.

CCO Liability: How to Protect Yourself

Find out from Blue Edge Capital CCO Margaret Fretz what chief compliance officers may be liable for and best practices to make sure you are protected.

Ethics or Compliance: Making the Choice

Find out the difference an ethics, rather than a compliance, perspective makes at an advisory firm from former Ethics and Compliance Officer Association COO Timothy Mazur.