1. (a) Filing requirement. Notice of termination of registration shall be promptly given;

   1. (1) on behalf of an investment adviser by filing a Form ADV-W. The Form ADV-W shall be filed with the IARD; and
   2. (2) on behalf of an investment adviser representative by filing a completed Form U5. The Form U5 shall be filed with CRD.
2. (b) Responsibility for filing on behalf of the investment adviser representative. A completed Form U5 signed by the investment adviser will be accepted as fulfilling the statutory requirements of both the investment adviser and the investment adviser representative. Upon verification that the Form U5 has not been filed by the investment adviser, the investment adviser representative shall notify the Department in writing of the termination.
3. (c) Amendments. If the information contained in a Form ADV-W or Form U5 becomes inaccurate or incomplete, the investment adviser shall promptly file a correcting amendment after learning of the facts and circumstance giving rise to the amendment.
4. (d) Effect of failure to file. In the event of termination, the filing of a future application for registration shall not be considered complete until a termination notice is filed.

Reserved at 21 Ok Reg 2532, eff 7-1-04

Added at 37 Ok Reg 2194, eff 11-1-20

Amended at 38 Ok Reg 2503, eff 11-1-21

Amended at 42 Ok Reg, Number 20, effective 8-15-25