Colorado Requiring New Investment Adviser Applications to Include New ADV Part 2

March 05, 2011

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Although the U.S. Securities and Exchange Commission (SEC) and most state securities regulators are already requiring the use of the new Form ADV Part 2 as part the application process for new investment advisors, the Colorado Division of Securities recently released a public notice stating that as of April 1, 2011 all new investment adviser applications must include the new narrative version of Form ADV Part 2.

However, the compliance date for when currently registered Colorado investment advisers must begin using the new Form ADV Part 2 was not included in Colorado’s public notice. To view the full public notice, click here.

If your investment advisor still needs help developing a plain English version of your current Form ADV Part II or would like help reviewing a draft of the new Form ADV Part 2, our Compliance Consultants would be happy to assist your investment advisor firm. To schedule a time for someone to contact you to further discuss your needs click here.

Stay tuned to RIA Compliance Consultants for further updates regarding Form ADV Part 2 compliance dates.

Posted by Bryan Hill
Labels: ADV Part 2, How to Become RIA, Investment Advisor Registration