If your investment adviser firm has an investment adviser representative (“IAR”) which will not be renewing his or her license as an IAR with the firm for the subsequent calendar year, a firm may begin (10/6/2023) to submit the post-dated Forms U5, which must be dated 12/31/2023.
Tag Archives: IARD
Deadline for Payment under Final Renewal Statement
November 20, 2022
If an investment adviser firm owes additional fees on the Final Renewal Statement, the investment adviser firm must pay by the Final Renewal Statement’s due date (January 27, 2023).
2023 Final Renewal Statement Available
November 19, 2022
An investment adviser firm’s Final Renewal Statement is available through the IARD on Monday, January 2, 2023.
Last Day to Make Filing in IARD/CRD
November 19, 2022
The last day to submit registration filings (via IARD/CRD systems) prior to year-end is Thursday, December 22, 2022. After 11:00 p.m. ET, IARD/CRD systems are unavailable.
2023 Preliminary Renewal Payment Deadline
November 19, 2022
The Preliminary Renewal Statement for an investment adviser firm must be paid, in full, by Monday, December 12, 2022. Depending on the method of payment, it may take at least two days for a payment to post to the IARD account.
2023 Preliminary Renewal Statements Available Monday
November 02, 2022
Starting Monday, November 7, 2022, a registered investment adviser firm can access, via its IARD account, its Preliminary Renewal Statement for 2023 renewals. The Preliminary Renewal Statement must be paid, in full, by Monday, December 12, 2022. Depending on your method of payment, it may take at least two days for a payment to post to the IARD account. Because of this, your firm’s payment should arrive at FINRA no later than Wednesday, December 7, 2022, to ensure that funds are posted to your firm’s IARD account by December 12, 2022.
Deadline for Receipt of Preliminary Renewal Statement Payments Quickly Approaching
December 02, 2021
The deadline for investment advisers to submit their Preliminary Renewal Statement payment is quickly approaching. FINRA must be in receipt of the full payment listed on the Preliminary Renewal Statement by December 13, 2021. Investment advisers with sufficient funds in their Flex-Funding Account to cover the Preliminary Renewal Statement payment will have funds automatically transferred beginning on December 13, 2021 to the Renewal Account to cover total renewal fees owed. Automatic transfers will be conducted every day after December 13, 2021 until the WEB CRD/IARD shuts down for year-end processing on December 27, 2021. Investment advisers that choose to mail in their payments are advised to do so now to avoid delays and to ensure funds are received by the deadline.
The Securities Bureau of Nebraska Department of Banking and Finance has issued its 2022 renewal notice for state-registered investment adviser firms and investment adviser representatives.
New Guidance on New York IAR Registration
July 14, 2021
The Investor Protection Bureau of the State of New York’s Office of Attorney General recently issued new guidance clarifying the state’s new process for registering investment adviser representatives (“IARs”). This guidance will be of particular interest to new and existing investment adviser representatives seeking registration in New York. Existing investment adviser representatives have until December 2, 2021 to comply with the registration requirement but must submit a Form U4 requesting investment adviser representative registration in New York on or before August 31, 2021.
