Pursuant to the Dodd-Frank Act, SEC-registered investment advisers with assets under management between $25 million and $100 million (“mid-sized advisers”) are now required to transition to state registration. Unless otherwise exempt, SEC-registered mid-sized advisers must register with one or more state securities authorities, as applicable, and then withdraw their registration with the SEC no later than June 28, 2012.

Core Compliance & Legal Services, Inc. (CCLS) can assist you with completing this transition, which includes the following:

• Updating  Form ADV Part 1, Part 2A and Part 2B(s) to reflect state requirements
• Creating or updating Form U-4s as necessary for investment adviser representatives
• Revising firm’s standard Investment Advisory Agreement(s) to reflect state regulations
• Filing all required documents on the FINRA IARD system, as required
• Revising written Policies and Procedures Manual to take into account new state regulations
• Assisting client with any additional requests from the state(s) for registration approval
• Filing Form ADV-W (SEC notice of Withdrawal from Registration as an Investment Adviser)

For more information, please call us at (619) 278-0020, email This e-mail address is being protected from spambots. You need JavaScript enabled to view it or click here.