State securities regulators have oversight responsibility for investment adviser firms with assets under management of $100 million or less. States also have sole regulatory oversight of all investment adviser representatives, the financial professionals who work directly with retail investors, whether the adviser is registered with a state or with the SEC.
In This Section
FINRA Regulatory Notice 21-01
Final Statements for Broker-Dealers, Investment Adviser Firms, Agents and Investment Adviser Representatives, and Branches
Payment Deadline: January 22, 2021
IAR Continuing Education
Learn more about NASAA’s IAR Continuing Education Initiative
Forms, instructions and a glossary are available here.
State registrants, and SEC-registered firms with IA representative questions, can obtain general assistance from NASAA by calling (202) 737-0900 between 8:30 a.m. and 6 p.m. Eastern. SEC registrants should contact the SEC at (202) 551-7250 or IARDLIVE@sec.gov for interpretive and regulatory assistance.