Mich. Admin. Code R. 451.4.11 - Application for investment adviser representative registration

Rule 4.11.

(1) Pursuant to section 406 of the act, MCL 451.2406, the application for initial registration as an investment adviser representative must be made by completing Form U4 pursuant to the form instructions and by filing the Form U4 electronically with IARD. The application for initial registration must also include both of the following:

(a) Proof of compliance by the investment adviser representative with the examination requirements of R 451.4.12.

(b) The fee required by section 410 of the act, MCL 451.2410.

(2) The application for annual renewal registration as an investment adviser representative must be filed electronically with IARD. The application for annual renewal registration must include the fee required by section 406 of the act, MCL 451.2406.

(3) The investment adviser representative is under a continued obligation to update information required by Form U4 as changes occur.

(4) An investment adviser representative and the investment adviser shall, within 30 days of any event requiring an amendment, file electronically with IARD any amendments to the representatives Form U4.

(5) An application for initial or renewal registration is not considered filed for purposes of section 406 of the act, MCL 451.2406, until the required fee and all required documents have been received by the administrator.

Notes

Mich. Admin. Code R. 451.4.11

2019 MR 1, Eff. 7/3/2019