Seward & Kissel briefing: SEC’s amendments to Form ADV and Advisers Act

Seward & Kissel’s Memorandum looks at the Securities and Exchange Commission’s (SEC) recent amendments to Form ADV and the Investment Advisers Act 1940 (the Advisers Act) which come into force on 01 October 2017.

Seward & Kissel have published a memorandum discussing the following issues:

  • information on separately managed accounts
  • additional identifying information and information regarding advisory business
  • umbrella registration, and
  • Rule 204-2 of the Advisers Act (Books and Records Rule).

Click here to read the memorandum.

The new Form ADV must be used when filing an initial Form ADV or updating an existing Form ADV from 01 October 2017.

Amendments to the Advisers Act will also apply from 01 October 2017.

For more information contact an attorney at Seward & KisselRichard Perry or Devarshi Saksena.

This document (and any information accessed through links in this document) is provided for information purposes only and does not constitute legal advice. Professional legal advice should be obtained before taking or refraining from any action as a result of the contents of this document.