Broadcast Date: Thursday, August 3, 2017 at 3 p.m. ET
Key Changes: The SEC has adopted amendments to several Investment Advisers Act rules and the Form ADV to enhance the reporting and disclosure of information by investment advisers.
Wide Effects on Business: Investment advisers file Form ADV in order to register with the SEC and in states that employ Form ADV. The SEC uses the data provided in the form to better regulate the industry and to protect investors. In addition, the SEC makes the form accessible to the public and encourages investors to review the form before selecting an investment adviser.
Deadline Looming: Going into effect October 1, 2017, investment advisers filing initial or amended Form ADVs will be required to provide the additional information regarding their separately managed account business, including aggregate data related to the use of borrowings and derivatives, and information about other aspects of their advisory business (e.g., branch office operations and the use of social media).
Introduction: James Halvosa, Chief Compliance Officer Trade-PMR, Inc.
Featured Speaker: Keith Marks, SVP & General Counsel Ascendant Compliance Management, Inc.
Webinar Topics Include:
- Amendments to Form ADV
- Amendments to the Books and Records Rule
- New Questions Regarding Separately Managed Accounts
- Revised Questions Regarding Investment Advisers
- Clarification of Technical Amendments to Form ADV