Cal. Code Regs. tit. 10 § 260.242

Current through Register 2024 Notice Reg. No. 38, September 20, 2024

Section 260.242 - Surrender of Certificate as a Broker-Dealer or Investment Adviser

(a) An application to surrender a certificate as a broker-dealer shall be filed on Form BDW. Each licensed broker-dealer that is a member of the Financial Industry Regulatory Authority shall file Form BDW through the Central Registration Depository in accordance with its procedures for transmission to the Commissioner. All other broker-dealers shall file Form BDW directly with the Commissioner.

(b) An application to surrender a certificate as an investment adviser shall be filed on Form ADV-W in accordance with the instructions in Form ADV-W. Form ADV-W shall be filed with the Investment Adviser Registration Depository (IARD) in accordance with its procedures for transmission to the Commissioner.

Cal. Code Regs. Tit. 10, § 260.242

1. Amendment of form filed 5-14-69; effective thirtieth day thereafter (Register 69, No. 20).
2. Amendment filed 3-1-74; effective thirtieth day thereafter (Register 74, No. 9).
3. Amendment of Items 12, 15 and 16 filed 11-14-78; effective thirtieth day thereafter (Register 78, No. 45).
4. Amendment of Item 12 filed 11-29-79 as an emergency; designated effective 1-1-80. Certificate of Compliance included (Register 79, No. 48).
5. Editorial correction of Item 9 (Register 80, No. 4).
6. Repealer and new section filed 1-3-89; operative 2-1-89 (Register 89, No. 2).
7. Change without regulatory effect amending certification filed 9-25-2002 pursuant to section 100, title 1, California Code of Regulations (Register 2002, No. 39).
8. Repealer and new section and amendment of NOTE filed 3-4-2003; operative 4-3-2003 (Register 2003, No. 10).
9. Amendment of section and NOTE filed 3-6-2007; operative 4-5-2007 (Register 2007, No. 10).
10. Amendment of subsection (a) filed 11-10-2009; operative 12-10-2009 (Register 2009, No. 46).

Note: Authority cited: Section 25610, Corporations Code. Reference: Sections 25231, 25242, 25612.3 and 25612.5, Corporations Code.

1. Amendment of form filed 5-14-69; effective thirtieth day thereafter (Register 69, No. 20).
2. Amendment filed 3-1-74; effective thirtieth day thereafter (Register 74, No. 9).
3. Amendment of Items 12, 15 and 16 filed 11-14-78; effective thirtieth day thereafter (Register 78, No. 45).
4. Amendment of Item 12 filed 11-29-79 as an emergency; designated effective 1-1-80. Certificate of Compliance included (Register 79, No. 48).
5. Editorial correction of Item 9 (Register 80, No. 4).
6. Repealer and new section filed 1-3-89; operative 2-1-89 (Register 89, No. 2).
7. Change without regulatory effect amending certification filed 9-25-2002 pursuant to section 100, title 1, California Code of Regulations (Register 2002, No. 39).
8. Repealer and new section and amendment of Note filed 3-4-2003; operative 4-3-2003 (Register 2003, No. 10).
9. Amendment of section and Note filed 3-6-2007; operative 4-5-2007 (Register 2007, No. 10).
10. Amendment of subsection (a) filed 11-10-2009; operative 12-10-2009 (Register 2009, No. 46).