FIN Family of Companies

Advisors: State Website Links and News - (2017)

By Cory Roberson, Principal at RIA Review and RIA Consults

Ever have trouble navigating state regulatory websites?  We understand. 

Below is a snippet of news, rules, and links applicable to state-registered firms.



Connecticut - Reminder to file Form ADV – exempt reporting advisors. http://www.ct.gov/dob/cwp/view.asp?a=2245&q=594210 

Texas - Regulators took more enforcement actions against registered members of the securities industry than non-registered individuals or firms, continuing a trend that began last year.  https://www.ssb.texas.gov/news-publications/state-regulators-taking-more-actions-against-registered-firms   

New York -  New Cybersecurity regulations issued by New York State (August 2017) – this agency regulates banking and insurance industry.  Investment advisors are regulated by the Investor Protection Bureau.  http://www.dfs.ny.gov/about/press/pr1708281.htm 

Indiana –  Securities Registration Fee Increase (as of July 1, 2017) - http://www.in.gov/sos/securities/files/Compliance%20Alert%20-%20Registrations%20-%20(06-01-17).pdf   

Louisiana - Investment Advisor Rep (IAR) Certification exemption----Act 7

Individuals who were registered on or before August 31, 2016 and have been registered in the securities industry for at least 10 years are excluded from having to meet the examination/certification requirement. http://www.ofi.louisiana.gov – 

Pennsylvania - Fintech business offering regulated financial services require state license. (10/17) - http://www.media.pa.gov/pages/banking_details.aspx?newsid=188

Go here for more resources on State policies/procedures: Compliance software: RIA Review 

Updated Website Links

Below, is a resource of links and news stories specific for state-advisors.
Alaska ** - https://www.commerce.alaska.gov/web/dbs/Securities.aspx
Delaware ** - https://firststeps.delaware.gov/securities_investment.shtml
North Carolina** - https://www.sosnc.gov
Rhode Island - www.dbr.state.ri.us/ 
Vermont - www.bishca.state.vt.us/
Virginia ** - http://www.scc.virginia.gov/srf/index.aspx
Washington - www.dfi.wa.gov/sd/ 
West Virginia ** - https://www.wvsao.gov/Securities/


Contact us at: 650-305-2688 or http://RIAreview.com if you are interested in more resources for your state-registered firm. 



Our Mission: “Serving the Investment Community to Make a Social Impact”

Compliance

FIN Compliance (FinCompliance.io) is a consortium of compliance services including: RIA Consults-Roberson Consults Group, a compliance consulting firm, RIA Review, a compliance-management software tool (SaaS), RegTech Products is a product notification portal for product offerings in financial service markets.

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SoCap Missions (socapmissions.com) provides business support group sessions.  In addition, Cory has volunteered for more than fifteen youth programs in locations such as like S. Korea, China, S. Africa, Thailand, and India.


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