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SEC RIN: 3235-AK82 Publication ID: Fall 2011 
Title: Rules Implementing Amendments to the Investment Advisers Act 
Abstract: The Commission adopted new rules and amendments to existing rules and forms under the Advisers Act to implement provisions of the Dodd-Frank Act that eliminate the "private adviser" exemption, extend the Commission's authority to require reporting by certain investment advisers that are exempt from registration, and reallocate regulatory responsibilities for certain investment advisers to the states. The Commission also adopted amendments to the registration form (Form ADV) for investment advisers to obtain additional information that will enhance the Commission's risk-assessment capabilities. Finally, the Commission adopted amendments to its pay to play rule and other rules to address a number of other changes to the Investment Advisers Act made by the Dodd-Frank Act. 
Agency: Securities and Exchange Commission(SEC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 17 CFR 17 CFR 275.0-7(revision)    17 CFR 275.203A-5 (new)    17 CFR 275.204-4 (new)    17 CFR 275.203A-1 to 203A-4 (revision)    17 CFR 275.204-1 to 204-2 (revision)    17 CFR 275.206(4)-5 (revision)    17 CFR 275. 222-1 to 222-2 (revision)    17 CFR 279.1 (revision)    17 CFR 279.3 (revision)    17 CFR 279.4 (revision)    17 CFR 279.8 (revision)   
Legal Authority: 15 USC 80b-3(c)(1)    15 USC 80b-3A(a)(2)(B)(ii)    15 USC 80b-3A(C)    15 USC 80b-4    15 USC 80b-6(4)    15 USC 80b-6A    15 USAC 77s(a)    15 USC 77sss(a)    15 USC 78a-37(a)    15 USC 78w(a)    15 USC 78bb(e)(2)    PL 111-203 sec 404    PL 111-203 sec 406 to 408    PL 111-203 sec 410   
Legal Deadline:
Action Source Description Date
Final  Statutory  Commission must implement Dodd-Frank Act provisions within a year of enactment.  07/21/2011 
Timetable:
Action Date FR Cite
NPRM  12/10/2010  75 FR 77052   
NPRM Comment Period End  01/24/2011    
Final Action  07/19/2011  76 FR 42950   
Final Action Effective  09/19/2011    
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/final/2011/ia-3221.pdf  
RIN Data Printed in the FR: Yes 
Agency Contact:
Jennifer Porter
Senior Special Counsel, Division of Investment Management
Securities and Exchange Commission
100 F Street NE,
Washington, DC 20549
Phone:202 551-6739
Email: porterj@sec.gov