Leap Year Means Earlier Due Date for Form ADV

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As a reminder, Form ADV for registered advisers (Parts 1 and 2A) and Exempt Reporting Advisers (relevant portions of Part 1) must be updated within 90 days after the end of their fiscal year. For advisers with a fiscal year ending December 31 the due date this year will be March 30, 2016 (rather than the typical March 31 due date on non-leap years). Amendments must be made through the Investment Adviser Registration Depository (IARD) website. In order to get credit for the filing, please select “annual amendment” when updating the form. Failure to update Form ADV could lead to registration or status as an Exempt Reporting Adviser being revoked.

 

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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