Investment Advisers Act Release No. 5469, Order Under Section 206A of the Investment Advisers Act of 1940 Granting Exemptions from Specified Provisions of the Investment Advisers Act and Certain Rules Thereunder

The record

Jurisdiction

United States; Securities and Exchange Commission (federal)

Level

Federal

Authority

15 U.S.C. § 80b-6a

Issued

2020-03-25 Mar. 25, 2020

Effective

2020-03-13 (from the date of the Original Order) (read as 2020-03-13)

End

Obligations due on or before 2020-06-30 (filing or delivery within 45 days after the original due date) (read as 2020-06-30)

In force

Mar. 13, 2020 to June 30, 2020

Quarters

2020 Q22020 Q3

2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3

Limitation types

Telework mandateOther

Addressees

• registered investment advisers
• exempt reporting advisers

Functions reached

• WM advisory compliance and client communications
• OP
• CB clients

Collection

Federal financial regulators AGY-FED-FINANCIAL

Operative words

II. FORM ADV AND FORM PF FILING REQUIREMENTS FOR REGISTERED [INVESTMENT ADVISERS AND EXEMPT REPORTING ADVISERS]... It is ORDERED, pursuant to Section 206A of the Advisers Act: [that a registered investment adviser is exempt from the requirements] (a) under Rule 204-1 to file an amendment to Form ADV; and (b) under Rule 204-3(b)(2) and (b)(4) related to the delivery of Form ADV Part 2 (or a summary of material changes) to existing clients, [where the adviser is unable to meet a deadline due to circumstances related to current or potential effects of COVID-19 and files or delivers as soon as practicable but not later than 45 days after the original due date].

Enforcement

Notes