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ARTICLE · 11 OCTOBER 2017

SEC Staff Issues Information Update For Advisors Filing Other-Than-Annual Amendments To Form ADV

Amendments to Form ADV, adopted on August 25, 2016 which are applicable to all ADV filings on or after October 1, 2017...

United StatesFinance and Banking

Amendments to Form ADV, adopted on August 25, 2016 which are applicable to all ADV filings on or after October 1, 2017, include additional disclosure requirements that are designed to enhance current reporting and improve data collection by the SEC to assist the SEC's risk-based examination program and other risk assessment and monitoring activities. Normally, an adviser's next Form ADV filing would be its annual amendment due within 90 days of the adviser's fiscal year end (March 31 for calendar year end filers). However, there are a number of events that require advisers to file an other-than-annual amendment, including to report any changes to: the adviser's name or address; form of organization (e.g., LP to LLC); required ownership information; control person and/or executive officer information; or narrative Part 2 brochure or brochure supplement, if applicable and if the change is material (e.g., a new material conflict of interest or certain legal or disciplinary

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