IARD, IAR, NASD, SEC, RIA, Securities Administrators, NASAA,

IARD

IARD provide Investment Adviser Firms and Representatives with a variety of information. The Investment Adviser Registration Depository (IARDSM) is an electronic filing system that facilitates Investment Adviser registration, regulatory review, and the public disclosure information of Investment Adviser firms.

The IARD System Has Three Objectives:

to create a regulatory system for Investment Advisers to improve overall regulation of advisers
to make information about Investment Advisers available to the public
to provide Investment Advisers an efficient automated registration system.

The IARD Program is composed of four critical components:

Investment Advisers Firm Registration
Investment Advisers Firm Public Disclosure
Investment Advisers Representative Registration
Investment Advisers Representative Public Disclosure

Want More Information?

Two Directories For Investment Adviser Firms.

The NASAA provides listings of state offices in order to obtain information related to IARD and state-specific investment adviser filing requirements. Want More Information?
The SEC Web Site provides a list of service bureaus that have indicated to the SEC that they provide filing services for investment advisers. Want More Information

IA Representative (IAR) Fees
Want Information on Investment Advisor Representative Fees(IAR) Fees?

National Association of Securities Dealers -NASD Role In IARD
NASD is the developer and operator of the IARD system. The system has been developed according to the requirements of its sponsors, the Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA), along with those of an Industry Advisory Council representing the Investment Adviser firms.

NASD does not have regulatory authority over Investment Advisers; however, it was chosen to develop, operate, and maintain the system because of its regulatory business and technical expertise and the success of its Web-based licensing and regulation system, Web CRDSM, deployed in 1999. Web CRD is a state-of-the-art Web application for the registration of broker/dealers and their representatives. IARD provides regulators with the ability to monitor and process Investment Adviser information via a single, centralized system.

For Your Clients...and you
The North American Securities Administrators Association (NASAA) and the Canadian Securities Administrators have collaborated on a quiz to help you identify your vulnerability to fraud. Take their 12-question quiz and learn what you can do to avoid becoming a victim of investment fraud.

NASAA

North American Securities Administrators Association (NASAA)

The voice of state and provincial securities regulators. Organized in 1919, the North American Securities Administrators Association (NASAA) is the oldest international organization devoted to investor protection. NASAA is a voluntary association whose membership consists of 67 state, provincial, and territorial securities administrators in the 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Canada, and Mexico.

In the United States, NASAA is the voice of state securities agencies responsible for efficient capital formation and grass-roots investor protection. Their fundamental mission is protecting consumers who purchase securities or investment advice, and their jurisdiction extends to a wide variety of issuers and intermediaries who offer and sell securities to the public. NASAA members license firms and their agents, investigate violations of state and provincial law, file enforcement actions when appropriate, and educate the public about investment fraud. Want To Know More?

NASAA’s Top Threats to Investors

PONZI SCHEMES: The premise is simple: pay early investors with money raised from later investors. The only people who make money are the promoters who set the Ponzi in motion.
UNLICENSED INDIVIDUALS SELLING SECURITIES: Anyone selling securities without a valid securities license should be a red alert for investors. Remember: No license, no sale.
UNREGISTERED INVESTMENT PRODUCTS: Con artists bypass stringent state registration requirements to pitch viatical settlements, pay telephone and ATM leasing contracts, and other investment contracts with the promise of “limited or no risk” and high returns.
PROMISSORY NOTES: Empty promises can leave these notes worth less than the paper on which they are printed.
SENIOR INVESTMENT FRAUD: Because they have built a lifetime of savings, seniors continue to face investment fraud by con artists peddling unsecured promissory notes, viatical settlements and other investments that are either fraudulent or unsuitable for them based on their particular financial needs.
HIGH-YIELD INVESTMENTS : Con artists lure investors with promises of triple-digit returns through access to “risk free guaranteed high yield instruments” or something equally deceptive.
INTERNET FRAUD: Stock promoters are using online “boiler rooms,” instant messaging, and fake websites to lure investors into “pump-and-dump” stock schemes.
AFFINITY FRAUD: Con artists are increasingly targeting religious, ethnic, cultural and professional groups.
VARIABLE ANNUITY SALES PRACTICES: Senior investors, in particular, should beware of the high surrender fees and steep sales commissions agents often earn when they move investors into variable annuities.
OIL & GAS SCAMS: With oil prices at record levels and continued Middle East instability, regulators warn that con artists may renew schemes promising quick profits in oil and gas ventures.

CONSUMER
FINANCIAL EDUCATION

Go To:

CONSUMER FINANCIAL EDUCATION

Go To:

CONSUMER
FINANCIAL EDUCATION