This on-demand NMHC webinar covers new regulations requiring certain advisors who provide advice with respect to real estate and real estate-related investments to register as investment advisers with the Securities and Exchange Commission (SEC) or one or more states by March 31, 2012.
Webinar presenters pointed out that many who never thought of themselves as financial advisors will fall under the new rules. Presenters also said that potential registrants should take care to comply with the new rules because it is relatively easy for the SEC to process violations.
Generally, an investment advisor must register with the SEC if it has more than $110 million in assets under management (an adviser that has less than $110 million in assets under management generally must register with one or more state regulators, rather than with the SEC).
Download NMHC's SEC Registration Requirements Guidance Webinar here.
Stream NMHC's SEC Registration Requirements Guidance Webinar here.
