Iowa Admin. Code r. 191-50.30

Current through Regsiter Vol. 46, No. 26, June 12, 2024

Rule 191-50.30 - Electronic filing with designated entity

(1)Designation. Pursuant to Iowa Code sections 502406. and 502608(3)."a," the administrator designates the lARD operated by FINRA to receive and store filings and collect related fees from investment advisers on behalf of the administrator

(2)Use of lARD. Unless otherwise provided, all investment adviser applications, amendments, reports, notices, related filings and fees required to be filed with the administrator pursuant to the rules promulgated under the Act shall be filed electronically with and transmitted to lARD. The following additional conditions relate to such electronic filings:

a.Electronic signature. When a signature or signatures are required by the particular instructions of any filing to be made through lARD, a duly authorized signatory of the applicant, as required, shall affix the duly authorized signatory's electronic signature to the filing by typing the duly authorized signatory's name in the appropriate fields and submitting the filing to lARD. Submission of a filing in this manner shall constitute irrefutable evidence of legal signature by any individuals whose names are typed on the filing.

b.When filed. Solely for purposes of a filing made through lARD, a document is considered filed with the administrator when all fees are received and the filing is accepted by lARD on behalf of the state.

This rule is intended to implement Iowa Code sections 502.102(8), 502.406 and 502.608(3) "a."

Iowa Admin. Code r. 191-50.30

ARC 9169B, lAB 10/20/10, effective 11/24/10