November 8, 2011

FINRA Updates IARD - 11/8/11

Effective on 11/7/11, FINRA released enhancements to the 

Investment Adviser Registration Depository ("IARD") system to prepare for SEC to State

transitions for mid-sized Advisors. For Advisors participating in AdvisorAssist's Annual Compliance services, you will be receiving an annual renewal questionnaire that will address these items.

Here's the copy of the SEC Email Distribution:

SEC-Registered Investment Advisers: The revised Form ADV is now programmed into IARD. Between January 1, 2012 and March 30, 2012, all SEC-registered advisers are required to file a Form ADV amendment (annual amendment or other-than-annual amendment), completing all items on the revised form and indicating with which regulator they should be registered. A registered adviser that files an other-than-annual amendment to its Form ADV prior to January 1, 2012 will not be required to complete all of the new items on the revised form (see General Instructions, Instruction 4 for when certain items are required to be updated Please see SEC adopted rules for more information (IA-3221 and IA-3222, June 22, 2011, on You cannot reply to this email. If you have questions, please email IARDLIVE@SEC.GOV.

THIS COMMUNICATION IS INTENDED ONLY FOR THE USE OF THE INDIVIDUAL OR ENTITY TO WHICH IT IS ADDRESSED AND CONTAINS OR MAY CONTAIN INFORMATION THAT IS PRIVILEGED, CONFIDENTIAL OR EXEMPT FROM DISCLOSURE UNDER APPLICABLE LAW. If the reader of this communication is not the intended recipient (or the employee or agent responsible for delivering to the intended recipient), you are hereby notified that any dissemination, distribution, or copying of this communication is strictly prohibited. If you have received this communication in error, please disregard and delete this communication, and do not disseminate or retain any copy of this communication.

Open questions on SEC to State Transition?
If you still have open questions regarding your options, timing, securities rules or other aspects of transition to state registration, please schedule a call with us. Please send an email to


Post a Comment