DFI-Sec 5.13(2)(a)5.5. Found by the U.S. Securities & Exchange Commission to have engaged, or has been convicted of engaging in, any of the conduct specified in section 203(e)(1), (5) or (6) of the Investment Advisers Act of 1940;
DFI-Sec 5.13(2)(a)6.6. Found by the administrator to have engaged, or has been convicted of engaging in, any of the conduct specified in s. 551.412 (4) (a), (b) or (f), Stats.;
DFI-Sec 5.13(2)(a)7.7. Subject to an order, judgment or decree described in section 203(e)(4) of the Investment Advisers Act of 1940;
DFI-Sec 5.13(2)(a)8.8. Subject to an order, judgment or decree described in s. 551.412 (4) (d), Stats.
DFI-Sec 5.13(2)(b)(b) Receives an order of the administrator waiving the registration requirement.
DFI-Sec 5.13(3)(3) For purposes of s. 551.102 (16) (c), Stats., “associated with” does not include third party solicitors whose only relationship with a federal covered investment adviser is a contract to solicit or refer clients in return for compensation.
DFI-Sec 5.13(4)(4) A supervised person of a federal covered investment adviser notice filed in this state is exempt from the registration requirement in s. 551.404 (1), Stats., if that supervised person has no place of business in this state.
DFI-Sec 5.13 HistoryHistory: CR 08-077: cr. Register December 2008 No. 636, eff. 1-1-09; CR 09-056: cr. (4) Register December 2009 No. 648, eff. 1-1-10; CR 10-062: r. and recr. (2) Register September 2010 No. 657, eff. 10-1-10.