Policy Statement

IAR Examination and Certification Requirements

The Massachusetts Securities Division (the “Division”) hereby provides notice that applicants for registration as an investment adviser representative must provide evidence that they meet the certification or examination requirements of 950 CMR 12.205(4) (the “Regulation”) at the time of their application. Applicants are hereby informed that they should have earned the appropriate professional designation or have received a passing score on the required examination(s) before they submit their application to the Division. Those applicants who do not meet the requirements of the Regulation will be asked to withdraw their application. Be advised that filing fees are not refundable.