California Code of Regulations
Title 10 - Investment
Chapter 3 - Commissioner of Financial Protection and Innovation
Subchapter 2 - Corporate Securities
Article 11 - General Provisions Relating to Agents, Broker-Dealers and Investment Advisers
Section 260.242 - Surrender of Certificate as a Broker-Dealer or Investment Adviser
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(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.
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.
