Electronic Filing for Investment Advisers on IARD:
What Is IARD?
Beginning in January 2001, investment advisers register and submit filings to the SEC through a new electronic filing system, the Investment Adviser Registration Depository (IARD).
Using modern information technology and the Internet, IARD's one-stop electronic filing system offers investment advisers several advantages.
- Eliminates paper filings
- Single filing can satisfy SEC and state notice filing requirements
- Automatic payment of state fees
- Easy public access to information about your firm on the Investment Adviser Public Disclosure (IAPD) website, http://www.adviserinfo.sec.gov.
Development of the IARD is a joint effort by the SEC and the North American Securities Administrators Association (NASAA). The IARD was built and is operated by the Financial Industry Regulatory Authority (FINRA). Additional information about IARD can be found on FINRA's IARD website, http://www.iard.com and on NASAA's website, http://www.NASAA.org.
On July 28, 2000, the SEC approved the filing fees for IARD and formally designated NASDR (now FINRA) as the operator of IARD. See Commission Order for details. On September 12, 2000, the SEC adopted amendments to Form ADV and related rule changes in connection with the creation of IARD.
An IARD Pilot Program was completed November 9, 2000.
Between January 1 and April 30, 2001, currently registered investment advisers made their initial filing of the new electronic Form ADV through IARD. All advisers registering with the SEC after January 1, 2001 submitted an electronic Form ADV to register. On September 25, 2001, Internet access to adviser information contained in Form ADV became available on the Investment Adviser Public Disclosure (IAPD) website.
http://www.sec.gov/divisions/investment/iard/about.shtml
