The New Jersey Bureau of Securities requires state registered investment advisers to complete and return an annual written examination. Each New Jersey state registered investment adviser is required to answer online the 2013 Annual Examination by May 9, 2013.
New Jersey’s written investment adviser examination includes questions concerning an investment adviser’s business model and practice and may require additional documents be uploaded online to support the investment adviser’s answers. The investment adviser may be required to submit sample investment advisory contracts, advertising and marketing materials and information related to assets under management.
Written examinations submitted by mail or email will not be reviewed and will be considered incomplete. Failure to complete the online written investment adviser examination by May 9, 2013, could result in a deficiency letter, referral to enforcement, sanctions and/or fines by the New Jersey Bureau of Securities.
For instructions and additional information on the 2013 Annual Examination of Investment Advisers, click here to view the New Jersey Bureau of Securities release.
Posted by Bryan Hill
Labels: Annual Review, Examination, New Jersey Investment Adviser, New Jersey Investment Advisor, Regulatory Exam, Regulatory Inspections