State securities regulator monitoring
State investment adviser (RIA)
compliance, by state.
Investment advisers face SEC registration plus a separate layer of state notice filings, advertising rules, and books-and-records obligations from each state's securities regulator. RegAxis tracks every state's bulletin, rule change, and enforcement action — so RIAs never miss a state-level compliance deadline.
TX
Texas
TSSB
Administrator: Travis J. Iles
- TSSB notice-filing enforcement
- Texas Administrative Code §116.11 advertising rule enforceme…
View Texas RIA compliance →
NY
New York
NY AG IPB
Administrator: Investor Protection Bureau
- NY AG Investor Protection Bureau enforcement
- 11 NYCRR Part 221 books-and-records examination focus
View New York RIA compliance →
Why it matters
State securities regulators add a layer to federal RIA obligations
State notice filings on top of Form ADV
Investment advisers subject to state jurisdiction must file Form ADV state notice filings — typically a $100 per-firm fee plus per-IAR fee — that run on a parallel amendment calendar from federal Form ADV. Missing one state means enforcement exposure without affecting your federal record.
State marketing rule overlays
Many states impose advertising filing and testimonial rules on top of SEC 206(4)-1. State-registered IAs must file advertising with the state regulator, maintain testimonial evidence with explicit consent, and disclose sponsor compensation in ways that complement — and sometimes exceed — SEC requirements.
Dual-registrant obligations multiply
Multi-state RIA firms juggle separate state notice filing calendars, state-specific recordkeeping rules, and state-only books-and-records exams. Each state examination focuses on discipline-level deficiencies — missing one citation can become a multi-state enforcement pattern.
Federal standards
State RIA compliance connects to federal
Track state and federal obligations together — RegAxis covers both.
Monitor every state where you file.
RegAxis tracks state securities regulator bulletins, state-specific marketing rule changes, and federal Form ADV amendments — and alerts your compliance team the moment any of them shifts.