With new regulations and registration requirements, the middle part of 2012 looks to be a busy one with compliance dates around every corner. Planning ahead to meet compliance obligations is crucial; to assist you we’ve compiled this reminder of key dates.
April 2012:4/30/12: Annual delivery of Form ADV Part 2 Brochure or delivery of a Summary of Material changes with an offer for the full brochure.May 2012:5/22/2012: Performance Fees- Provisions under the revised Rule 205-3 under the Advisers Act go into effect.June 2012:6/28/2012: Switch deadline from SEC to State registration for RIAs. RIA’s no longer able to register with the SEC must complete their appropriate state registration and withdraw from SEC registration by this date. July 2012:7/1/2012: ERISA 408(b)(2) Fee Disclosure Effective Date.August 2012:8/30/2012: ERISA 404(a) and 408(b)(2): Fee Disclosures- For calendar year plans, initial annual disclosure deadline (60 days after effective date of regulation).Red Oak Compliance Solutions is available to help. We can provide guidance on all of your compliance needs. For more information or to request information on how we can help, please contact us.
About Red Oak Compliance Solutions
Red Oak Compliance Solutions is the global advertising review software of choice in the financial services industry. It is a comprehensive suite of SEC 17A-4 compliant features that are 100% books and records compliant and provides clients with 35% faster approvals and 70% fewer touches or better. We also offer Smart Review(SM), which solves for the storage and maintenance of disclosures, helping firms reduce risk, decrease review times, and increase the speed of distribution of marketing materials. Smart Registration(SM) automates the licensing and registration management process to help reduce regulatory risk and time spent on manual processes. Overall, Red Oak allows firms to minimize risk, reduce costs, and increase compliance review process effectiveness and efficiencies.