Archive – Broker-Dealer, State Investment Advisers and SEC Investment Advisers

2023 Renewal Program Calendar for Broker Dealers and Investment Advisers

• Monday 11/7/22 – PRELIMINARY Renewal Statements are available through E-Bill on FINRA.
• Monday 11/21/22 – DFPI Reminder Email will be sent to all Licensees to renew their license for the calendar year 2023. Licensees should ensure they have an active designated email address on file. Please refer to the “Broker-Dealer Information” and “Investment Adviser Information” sections on the Broker-Dealer Investment Adviser page for more information about the designated email requirements.
• Monday 12/12/22 – RENEWAL PAYMENT DUE DATE. This is the DEADLINE for receipt of Preliminary Renewal Statement payments. Review the Renewal Program Payment Options for detailed information. FINRA recommends using E-Bill to pay your Preliminary Statement. If you use other means, submit your payment with additional time to sufficiently allow for mail delivery and/or payment processing to post to your Renewal Account by the deadline. FINRA-registered firms that do not have payment posted by the deadline may be assessed a Renewal Late Fee.
• Thursday 12/22/22 – Last Day to submit form filings prior to year-end. Web CRD and IARD are available from 5 AM until 11 PM Eastern Time (ET).
• Friday 12/23/22 – Tuesday 12/27/22 – Web CRD and IARD are unavailable due to FINRA statement and renewals processing.
• Wednesday 12/28/22 – Saturday 12/31/22 – Web CRD and IARD are available for QUERY-only and the creation of “Pending” filings.
• 03/01/2022 – BDIA Online Examination commences April 4, 2022

  The Broker-Dealer / Investment Adviser Division is continuing an annual online examination for certain registered Investment Advisers, in accordance with DFPI’s authority under California Corporations Code Section 25241, subdivision (c). This mandatory examination consists of an online examination for Investment Advisers registered with the DFPI, who have their principal place of business in another state.

  The online examination for this year is scheduled to commence on April 4, 2022. If selected the advisory firm will be notified on April 4, 2022 and required to complete and submit the online examination by May 16, 2022. The Division is structuring the exam to be conducted on this population on a four-year cycle. However, an Investment Adviser may be selected for a future examination sooner or later than the estimated four-year cycle.

  To communicate the online examination, as well as any follow-up communication, the Division will use the Investment Adviser email as disclosed on the current Form ADV. The business e-mail address must be dedicated to receiving DFPI communications and be monitored by the executive staff of your firm, to ensure prompt attention is paid to communications from DFPI.

  If you have any questions or inquiries, please contact the Division at [email protected].

2021

• 10/26/2021 – 2022 Renewal Reminder2022 Renewal Program Calendar for Broker Dealers and Investment Advisers
• Monday 11/8/21 – PRELIMINARY Renewal Statements are available through E-Bill on FINRA.
• Monday 11/22/21 – DFPI Reminder Email will be sent to all Licensees to renew their license for the calendar year 2022. Licensees should ensure they have an active designated email address on file. Please refer to the “Broker-Dealer Information” and “Investment Adviser Information” sections on the Broker-Dealer Investment Adviser page for more information about the designated email requirements.
• Monday 12/13/21 – RENEWAL PAYMENT DUE DATE. This is the DEADLINE for receipt of Preliminary Renewal Statement payments. Review the Renewal Program Payment Options for detailed information. FINRA recommends using E-Bill to pay your Preliminary Statement. If you use other means, submit your payment with additional time to sufficiently allow for mail delivery and/or payment processing to post to your Renewal Account by the deadline. FINRA-registered firms that do not have payment posted by the deadline may be assessed a Renewal Late Fee.
• Sunday 12/26/21 – Last Day to submit form filings prior to year-end. Web CRD and IARD are available from 5 AM until 6 PM Eastern Time (ET).
• Monday 12/27/21 – Web CRD and IARD are unavailable due to FINRA statement and renewals processing.
• Tuesday 12/28/21 – 12/31/21 – Web CRD and IARD are available for QUERY-only and the creation of “Pending” filings.
• 02/24/2021 – BDIA Online Examination commences April 1, 2021The Broker-Dealer / Investment Adviser Division is continuing an annual online examination for certain registered Investment Advisers, in accordance with DFPI’s authority under California Corporations Code Section 25241, subdivision (c). This mandatory examination consists of an online examination for Investment Advisers registered with the DFPI, who have their principal place of business in another state.The online examination for this year is scheduled to commence on April 1, 2021. If selected, the advisory firm will be notified on April 1, 2021, and required to complete and submit the online examination by May 17, 2021. The Division is structuring the exam to be conducted on this population on a four-year cycle. However, an Investment Adviser may be selected for a future examination sooner or later than the estimated four-year cycle.To communicate the online examination, as well as any follow-up communication, the Division will use the Investment Adviser email as disclosed on the current Form ADV. The business e-mail address must be dedicated to receiving DFPI communications, and be monitored by the executive staff of your firm to ensure prompt attention is paid to communications from DFPI.If you have any questions or inquiries, please contact the Division at [email protected].

2020

10/21/2020 – 2021 Renewal Reminder

2021 Renewal Program Calendar for Broker Dealers and Investment Advisers

• Monday 11/16/20 – PRELIMINARY Renewal Statements are available through E-Bill on FINRA.
• Monday 11/30/20 – DFPI Reminder Email will be sent to all Licensees to renew their licenses for the calendar year 2021. Licensees should ensure they have an active designated email address on file with the Department. Please refer to the “Broker-Dealer Information” and “Investment Adviser Information” sections on the Broker-Dealer Investment Adviser page for more information about the designated email requirements.
• Monday 12/14/20 – RENEWAL PAYMENT DUE DATE. This is the DEADLINE for receipt of Preliminary Renewal Statement payments. Review the Renewal Program Payment Options for detailed information. FINRA recommends using E-Bill to pay your Preliminary Statement. If you use other means, submit your payment with additional time to sufficiently allow for mail delivery and/or payment processing to post to your Renewal Account by the deadline. FINRA-registered firms that do not have payment posted by the deadline may be assessed a Renewal Late Fee.
• Saturday 12/26/20 – Last Day to submit form filings prior to year-end. Web CRD and IARD are available from 5 AM until 6 PM Eastern Time (ET).
• Sunday 12/27/20 – Web CRD and IARD are unavailable due to FINRA statement and renewals processing.
• Monday 12/28/20 – 12/31/20 – Web CRD and IARD are available for QUERY-only and the creation of “Pending” filings.
• 06/04/2020 – BDIA issues Guidance for Broker-Dealers and Investment Advisers on SBA’s Paycheck Protection ProgramThis guidance includes some frequently asked questions and answers relating to a broker-dealers or investment advisers receiving a Small Business Administration loan under the paycheck Protection Program during Covid-19 pandemic. Should you have further questions or concerns, please contact BDIA directly.

03/09/2020 – BDIA Online Examination commences April 1, 2020

The Broker-Dealer / Investment Adviser Division is continuing an annual online examination for certain registered Investment Advisers, in accordance with DBO’s authority under California Corporations Code Section 25241, subdivision (c). This mandatory examination consists of an online examination for Investment Advisers registered with the DBO, who have their principal place of business in another state.

The online examination for this year is scheduled to commence on April 1, 2020. If selected, the advisory firm will be notified on April 1, 2020 and required to complete and submit the online examination by May 15, 2020. The Division is structuring the exam to be conducted on this population on a four-year cycle. However, an Investment Adviser may be selected for a future examination sooner or later than the estimated four-year cycle.

To communicate the online examination, as well as any follow-up communication, the Division will use the Investment Adviser email as disclosed on the current Form ADV. The business e-mail address must be dedicated to receiving DBO communications, and be monitored by the executive staff of your firm, to ensure prompt attention is paid to communications from DBO.

If you have any questions or inquiries, please contact the Division at [email protected].