SEC’s Form 13F Filing Deadline Approaching for Investment Advisers Acting as Institutional Money Managers

January 25, 2008

Registered investment advisors that file the Form 13F with U.S. Securities and Exchange Commission (“SEC”) should remember that reports must be filed within 45 days of the end of each calendar quarter. Therefore, fourth quarter Form 13F reports must be submitted to the SEC via EDGAR by February 14, 2008. Under Section 13(f) of the Securities Exchange Act of 1934 and Rule 13f-1 thereunder, an institutional money manager which exercises investment discretion over $100,000,000 of Section 13(f) securities must submit quarterly 13F reports to the SEC. Registered investment advisors meet the definition of institutional money manager and are therefore subject to this rule when the firm exercises investment discretion over $100,000,000 of Section 13(f) securities.

If your registered investment advisor does not currently submit Form 13F reports with the SEC, your investment advisor needs to make sure it did not exceed the discretion threshold of $100,000,000 of Section 13(f) securities, which generally includes exchange-traded or NASDAQ-quoted stocks, equity options and warrants, shares of closed-end investment companies, exchanged traded funds and certain convertible debt securities, but excludes open- end investment company mutual funds. On the SEC’s website, there’s an official list of Section 13(f) securities. If your registered investment advisor met the threshold as of December 31, 2007, it must file its first Form 13F by February 14, 2008. For more information about the reporting requirements of Sections 13(d) , 13(f) and 13(g) of the Securities Exchange Act of 1934, you can visit RIA Compliance Consultants’ frequently asked questions webpage.

RIA Compliance Consultants’ Form 13F services focus on helping registered investment advisors understand the Section 13(f) requirements and then help your investment advisor to determine whether your firm is required to file a Form 13F. We also provide the tools needed to establish an EDGAR account with the SEC and provide assistance with the preparation and submission of the Form 13F. Contact RIA Compliance Consultants to find out if our services can benefit your registered investment advisor.

Posted by Bryan Hill
Labels: Form 13F