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Document Identification
Title
Securities - Investment Advisors
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- Introduction (investintrod.pdf)
- registration (investregistrtion.pdf)
- audit (investaudit.pdf)
Description
Providing Investment Advice in Illinois. Under Illinois Law, any person or a firm (investment advisor or financial planner) offering investment advice to consumers in exchange for compensation (fee or commission)--and with more than 5 clients--must be registered as an investment advisor with the Securities Department.
Subject Classification
Sample text from the file
.Investment Advisors. Most persons engaging in the business of advising others, for compensation, either directly or through publications or writings, as to the value of securities or the advisability of investing in, purchasing or selling securities, or who promulgate analysis or reports concerning securities, must be registered as an investment advisor with the Secretary of State. With the passage of the National Securities Markets Improvement Act of 1996 (NSMIA), the regulation of investment advisors is divided between the states and the federal Securities and Exchange Commission ("SEC") -\- advisors with less than $25 million in assets under management are generally regulated by the State, advisors with more than $25 million in assets under management are generally regulated by the SEC. An application for registration consisting of Form ADV PDF, Uniform Application for Investment Advisor Registration, an unaudited balance sheet and an Illinois Form entitled Additional Information r
Issuing Agency
Illinois
Securities Dept.
Contact
Organization: Secretary of State, Securities Division
IL
Phone: 217-785-4938
Document Descriptive Information
File Data
- Language(s): EN-English
- Creation Date (from issuing agency): 3/27/06
- Document Modification Date (from issuing agency): 3/27/06
- Date Accepted Into Depository: Tue, 23 May 2006 19:55:51 GMT
- Checksum Algorithm: MD5 SHA1
- Document File Checksum:
- investaudit.pdf - checksum='58bb8bd07a61f35cc042f3a676193551' byte count= '28532'
- investintrod.pdf - checksum='25c313f8641e1e4e9a1bdb0077c47885' byte count= '33684'
- investregistrtion.pdf - checksum='a82076ee70f3bedd446a9e990ae42e2f' byte count= '41583'