6 Del. Admin. Code § 200-G-700

Current through Register Vol. 28, No. 5, November 1, 2024

Section 200-G-700 - Registration of Investment Advisers

(a) A person applying for a license as an investment adviser in Delaware shall make application for such license on Form ADV (Uniform Application for Investment Adviser Registration under the Investment Advisers Act of 1940). Amendments to such application shall also be made on Form ADV.

(b) An applicant shall file its application, together with the fee required by the Act, with Investment Adviser Registration Depository ("IARD") and shall file with the Director such other information as the Director may reasonably require.

(c) Registration expires at the end of the calendar year. Any investment adviser may renew its registration by filing with the IARD such information as is required by IARD and the Director, together with the fee required by the Act.

(d) An investment adviser registered with the Director shall register with the Director at least one investment adviser representative.

(e) For the purposes of Section 73-302(a) of the Act, an application will not be deemed complete until a investment adviser is also registered through IARD with the principal state in which the investment adviser does business (if registration in such state is required by that state), or at the discretion of the Director.

(f) An application for registration will not be effective until the registration on IARD has been approved by the Unit.

6 Del. Admin. Code § 200-G-700

4 DE Reg. 510 (09/01/00)
7 DE Reg. 213 (08/01/03)
15 DE Reg. 529 (10/01/11)
18 DE Reg. 394 (11/1/2014)
23 DE Reg. 776 (3/1/2020) (Final)