WRITING | CONSULTING | EDUCATING | SPEAKING 

Policy Patty Toolkit 
 

Making the world a little more compliant one toolkit at a time.

Blog

FORM ADV Changes - Summary

Posted on January 12, 2018 at 9:50 AM

I came across the following handy checklist published by the Investment Advisers Association that should be considered by investment advisers when they need to update their Form ADV.

As a reminder, highlights of the amendments to Form ADV include the following:

 Umbrella Registration for Private Fund Managers

 Separately Managed Accounts

 Other: The revised Form also now requires new or additional information regarding (among others):

 the breakdown of “regulatory assets under management” among categories of clients;

 accounts on social media platforms (including, but not limited to, Twitter, Facebook and LinkedIn);

 branch offices;

 parallel managed accounts; and

 outsourced chief compliance officers.

The new form was required to be used starting October 1, 2017. As a practical matter, investment advisers will generally not use the new Form until filing their next annual updating amendments (January 1, 2018 and April 2, 2018 (March 31, 2018 is a Saturday) or until they are filing an amendment due to material changes.

Read More:
• FORM ADV Checklist

https/higherlogicdownload.s3.amazonaws.com/INVESTMENTADVISER/aa03843e-7981-46b2-aa49-c572f2ddb7e8/UploadedImages/publications/Form_ADV_Part_1A_Checklist_Oct2.pd

• SEC Frequently Asked Questions on Form ADV and IARDFAQs

https/www.sec.gov/divisions/investment/iard/iardfaq.shtml

• PDF version of the new Form ADV can be downloaded

http/compliance-risk.com/wp-content/uploads/2017/09/Form-ADV-Changes-effective-100117-1.pdf


Categories: Regulatory Filings