ARSD 20:08:05:19 – Withdrawal of investment adviser and investment adviser representative.

registration.

(1) Withdrawal of investment adviser registration. The application for withdrawal of registration as an investment adviser pursuant to SDCL 47-31B-409 shall be completed by following the instructions on Form ADV-W (NoticeofWithdrawalfromRegistrationasInvestmentAdviser) and filed electronically upon Form ADV-W with IARD.
(2) Withdrawal of investment adviser representative registration. Pursuant to SDCL 47-31B-409, the withdrawal of registration of an investment adviser representative shall be made by application for withdrawal of registration by following the instructions on Form U5 (UniformTerminationNoticeforSecuritiesIndustryRegistration) and filed electronically with IARD within 30 days of the date of termination and in accordance with SDCL 47-31B-408.

Source: 37 SDR 112, effective December 9, 2010.

General Authority: SDCL 47-31B-408(a) , 47-31B-409 , 47-31B-605(b) , 47-31B-608(c)(1) and (2).

Law Implemented: SDCL 47-31B-408(a) , 47-31B-409.