N.Y. Comp. Codes R. & Regs. tit. 13 § 11.5

Current through Register Vol. 46, No. 41, October 9, 2024

Section 11.5 - Notice filing requirements for federally covered investment advisers

(a) Notice filing. The notice filing for a federally covered investment adviser shall be filed with CRD/IARD on an electronically signed Form ADV (Uniform Application for Investment Adviser Registration ( 17 C.F.R. 279.1 )). All federally covered investment advisers with more than five (5) clients in the State of New York must notice file. A notice filing of a federally covered investment adviser shall be deemed filed when the fee required and the Form ADV are filed with and accepted by CRD/IARD on behalf of the State.

(b) Renewal. The annual renewal of the notice filing for a federally covered investment adviser shall be filed with CRD/IARD. The renewal of the notice filing for a federally covered investment adviser shall be deemed filed when the fee required is filed and accepted on behalf of the state.

(c) Updates and amendments. A federally covered investment adviser must file with CRD/IARD, in accordance with the instructions in the Form ADV, any amendments to the federally covered investment adviser's Form ADV. A federally covered investment adviser shall submit their amendments pursuant to U.S. Securities and Exchange Commission requirements.

(d) Investment adviser representatives representing a federally covered investment adviser must satisfy examination requirements or receive a waiver, and must register in accordance with this Part.

N.Y. Comp. Codes R. & Regs. Tit. 13 § 11.5

Amended New York State Register July 3, 2018/Volume XL, Issue 27, eff. 7/3/2018

Amended New York State Register December 2, 2020/Volume XLII, Issue 48, eff. 2/2/2021