D.C. Mun. Regs. tit. 26, r. 26-B150

Current through Register Vol. 71, No. 49, December 6, 2024

Rule 26-B150 - NOTICE FILING FOR FEDERAL COVERED ADVISERS AND HEDGE FUND ADVISERS

150.1

Each federal covered adviser required to provide an initial notice or a renewal notice to the Commissioner pursuant to § 203(d) and (e) of the Act (D.C. Register at 47 DCR 7846) shall file the following with the Investment Adviser Registration Depository ("IARD"):

(a) A copy of its complete, most recent, Form ADV, including all parts and schedules, on file with the U.S. Securities and Exchange Commission;

(b) A non-refundable notice filing or renewal fee in the amount of $ 250 for the federal covered adviser and a non-refundable registration or renewal fee in the amount of $ 45 for each investment adviser representative required to be registered in the District. Payment of fees shall be maid by a method specified in § 161.3; and

(c) A consent to service of process (the Form U-2 and, if applicable, the Form U-2A), pursuant to § 706 of the Act (D.C. Register at 47 DCR 7883).

150.2

Except as provided in § 150.3, an investment adviser representative employed by or associated with an investment adviser exempt from the licensing requirements under the Act shall be exempt from the licensing requirements of § 152.

150.3

An investment adviser representative shall not be exempt from the licensing requirements of the § 152 if he or she has a place of business in the District or provides investment advisory services in the District on a temporary basis.

D.C. Mun. Regs. tit. 26, r. 26-B150

Emergency Rulemaking published at 48 DCR 1987 (March 2, 2001) [EXPIRED]; as amended by Final Rulemaking published at 48 DCR 4106 (May 11, 2001)