WSP/CoE Section Update – IAR Licensing in New York

Description

This WSP/CoE Section Update – IAR Licensing in NY is a sample compliance manual section for a state registered investment adviser firm in New York regarding the new investment adviser representative (“IAR”) licensing or registration requirements. This sample includes 2 different versions:  (i) a state registered firm version; and (ii) a SEC registered firm version.

For additional details about the State of New York’s new registration requirements for investment adviser representatives, please review the following webpages:

New York Adopts Investment Adviser Representative Registration Rule – December 7, 2020

Proposed Rule to License New York Investment Adviser Representatives – April 15, 2020

New York Investment Advisor Firm & Investment Adviser Representative State Registration Requirements

Form U4 FAQs

Included with Bronze; Silver; Gold and Platinum Packages. Initially posted in February 2021.