D.C. Mun. Regs. tit. 26, r. 26-B159
Prior to the implementation of the IARD system, the application for an initial license as an investment adviser representative pursuant to the Act shall be filed upon Form U-4 (the Uniform Application for Securities Industry Registration or Transfer) or any successor form with the Department. The application for an initial license shall be filed with the IARD on or after the date which the Director designates. IARD will be the equivalent of filing investment adviser representative form. An initial license for an investment adviser representative shall be filed manually with the Department on Form U-4.
The initial application shall include the consent to service of process required by Section 706 of the Act (D.C. Register at 47 DCR 7883).
The application for an initial license shall also provide the following:
Applications for initial and renewal licensure as an investment adviser representative shall be deemed incomplete until the required fee and all required submissions have been received by the Department.
The license of an investment adviser representative shall expire on December 31 of each year.
The application for renewal of a license as an investment adviser representative shall be filed with the Department, no later than December 1 of each year on a form provided by the Department, and shall contain such amendments to the initial registration as may be required by applicable provisions of the Act or rules thereunder.
An investment adviser representative who remains in "CE Inactive" status under § 161.5 for a full calendar year shall be ineligible for licensure or renewal as an investment adviser representative until the investment adviser representative completes all required continuing education credits for all outstanding reporting periods.
D.C. Mun. Regs. tit. 26, r. 26-B159