S.D. Admin. R. 20:08:05:19

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:08:05:19 - Withdrawal of investment adviser and investment adviser representative registration

(1) Withdrawal of investment adviser registration. The application for withdrawal of registration as an investment adviser pursuant to SDCL 47-31B-409 shall be completed by following the instructions on Form ADV-W (Notice of Withdrawal from Registration as Investment Adviser) and filed electronically upon Form ADV-W with IARD.

(2) Withdrawal of investment adviser representative registration. Pursuant to SDCL 47-31B-409, the withdrawal of registration of an investment adviser representative shall be made by application for withdrawal of registration by following the instructions on Form U5 (Uniform Termination Notice for Securities Industry Registration) and filed electronically with IARD within 30 days of the date of termination and in accordance with SDCL 47-31B-408.

S.D. Admin. R. 20:08:05:19

37 SDR 112, effective 12/9/2010.

General Authority: SDCL 47-31B-408(a), 47-31B-409, 47-31B-605(b), 47-31B-608(c)(1) and (2).

Law Implemented: SDCL 47-31B-408(a), 47-31B-409.