View Rule

View EO 12866 Meetings

Printer-Friendly Version Download RIN Data in XML

SEC

RIN: 3235-AI17

Publication ID: Spring 2009

Title: Amendments to Form ADV
Abstract: The Commission proposed amendments to Form ADV part 2 to require registered investment advisers to deliver to clients and prospective clients a brochure written in plain English. The amendments are designed to require advisers to provide clients and prospective clients with clear, current, and more meaningful disclosure of the business practices, conflicts of interest, and background of investment advisers and their advisory personnel. Under the proposal, advisers would file their brochures with the Commission electronically, and the brochures would be available to the public through the Commission's Web site.
Agency: Securities and Exchange Commission(SEC)	Priority: Substantive, Nonsignificant
RIN Status: Previously published in the Unified Agenda	Agenda Stage of Rulemaking: Final Rule Stage
Major: Undetermined	Unfunded Mandates: No
CFR Citation: 17 CFR 275.204-2 17 CFR 275.204-3 17 CFR 275.206(4)-4 17 CFR 279.1
Legal Authority: 15 USC 80b-4, 80b-6(4), 80bll(a), 80b-3(c)(1) 15 USC 77s(a) 15 USC 78(a), 78bbb(e)(2) 15 USC 77sss(a) 15 USC 78(s)-37(a)

Legal Deadline: None

Timetable:

Action	Date	FR Cite
NPRM	04/17/2000	65 FR 20524
NPRM Comment Period End	06/03/2000
Second NPRM	03/14/2008	73 FR 13958
Second NPRM Comment Period End	05/16/2008
Final Action	11/00/2009

Regulatory Flexibility Analysis Required: Yes	Government Levels Affected: None
Small Entities Affected: Businesses	Federalism: No
Included in the Regulatory Plan: No
RIN Information URL: www.sec.gov/rules/proposed/2008/ia-2711.pdf
RIN Data Printed in the FR: Yes
Related RINs: Related to 3235-AD21
Agency Contact: Vivien Liu Division of Investment Management Securities and Exchange Commission 100 F Street NE, Washington, DC 20549 Phone:202 551-6728 Email: liuy@sec.gov