Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 1 - Banking, Securities, Small Loans and Corporations
Chapter 08 - Securities
Article 1 - Registration, Notice, and Regulation of Broker-Dealers, Agents, State Investment Advisers, and Federal Covered Advisers, and Investment Adviser Representatives
3 AAC 08.050 - Effectiveness and post-effective requirements

(a) If any information, exhibit, or schedule submitted or circumstance disclosed in an application or notice under 3 AAC 08.011 or 3 AAC 08.014 undergoes a material change, either while the application or notice is pending or while the registration obtained through that application or the notice is effective,

(b) For purposes of (a) of this section, a material change includes

(c) A registration or notice filing for an agent, investment adviser representative, broker-dealer, state investment adviser, or federal covered adviser expires on December 31 of the calendar year in which the registration or notice filing became effective, without notification by the administrator, unless sooner withdrawn or terminated.

(d) Termination of a broker-dealer's registration automatically terminates the registration of an agent of that broker-dealer.

(e) If the agency relationship terminates between an agent and the broker-dealer or issuer for whom the agent is registered,

(f) If a broker-dealer desires to terminate or the administrator terminates a broker-dealer's registration, the broker-dealer shall furnish, upon the request of the administrator and within 10 days after termination, a

(g) The termination of a state investment adviser's registration or of a federal covered adviser's notice filing automatically terminates all investment adviser representative registrations of that state investment adviser or federal covered adviser.

(h) A broker-dealer that seeks to withdraw or fails to renew its registration shall file SEC Form BDW or its successor with the administrator or with a central registration depository approved under 3 AAC 08.017. A broker-dealer or an issuer that seeks to terminate or fails to renew the registration of an agent shall file an NASDR Form U-5, or its successor, for that agent with the administrator or with a central registration depository approved under 3 AAC 08.017. A state investment adviser that seeks to withdraw or fails to renew its registration shall file a SEC Form ADV-W, or its successor, with the administrator. A federal covered adviser that seeks to withdraw its notice filing may file a notice to that effect with the administrator or with a central registration depository approved under 3 AAC 08.017 for that purpose. A state investment adviser or federal covered adviser that seeks to withdraw or fails to renew the registration of an investment adviser representative shall file an NASDR Form U-5, or its successor, for that investment adviser representative with the administrator or with a central registration depository approved under 3 AAC 08.017 for that purpose, except that the federal covered adviser shall file whatever form it files with the SEC, for purposes of the withdrawal or failure to renew the registration of an investment adviser representative, if that form is other than the NASDR Form U-5 or its successor.