New Reporting on Form ADV Part 1A What You Need to Know about the SEC’s Proposed Changes


Webinar - New Reporting on Form ADV Part 1A: What You Need to Know about the SEC’s Proposed Changes

(Only Open to IAA Members and Associate Members)

Friday, July 10, 2015
1:00 - 2:00 p.m. (ET)

Topics Covered

This webinar is intended to inform members about the changes that the SEC is proposing to Part 1A of Form ADV. Advisers will be required to report detailed information about their separately managed accounts, including a breakdown of asset/investment types in each account. Advisers with over $150 million in separately managed accounts will need to calculate the net asset value of the accounts and provide gross notional exposure of all derivatives in those accounts. The webinar will go through the proposed changes Item-by-Item, including a discussion of:

  • What is included in “separately managed account” assets for which firms must report asset types, derivatives exposures and borrowings information?
  • What additional information must firms provide about custodians for the separately managed accounts?
  • How will firms report their RAUM attributable to each type of client?
  • Comments the IAA is considering making; we encourage member feedback


  • Monique S. Botkin, Associate General Counsel, Investment Adviser Association (Moderator)
  • Jennifer L. Klass, Partner, Morgan Lewis & Bockius LLP
  • John J. “Jack” O’Brien, Associate, Morgan Lewis & Bockius LLP


Registration is complimentary and only open to IAA members and associate members. Registration for the live event has closed, but the recording can be ordered by clicking the "Register" button on this page.


For questions regarding this webinar, call (202) 293-4222 or email

About the Presenters

Monique S. Botkin is Associate General Counsel of the Investment Adviser Association. Prior to joining the IAA in February 2004, Ms. Botkin was an associate in the financial services groups at Dechert LLP in Orange County, California and Alston & Bird LLP in Washington, DC. While in private practice, Ms. Botkin represented investment advisers, registered investment companies, private funds, and broker-dealers in corporate, securities and investment management matters. Monique also served as an attorney in the SEC’s Division of Investment Management disclosure review office from 2013 to 2014.

Jennifer L. Klass is a Partner with Morgan Lewis & Bockius LLP. She is regulatory counseling lawyer with a broad background in investment management regulation. Ms. Klass advises clients on a wide range of investment advisory matters, including investment adviser registration and interpretive guidance, disclosure and internal controls, regulatory examinations, and enforcement actions. Her clients include major investment banks, investment advisers, broker-dealers, and the sponsors of private investment funds and mutual funds. Previously vice president and associate general counsel at Goldman, Sachs & Co., Jen’s practice focuses on the convergence of investment advisory and brokerage services.

John J. “Jack” O’Brien is an Associate with Morgan Lewis & Bockius LLP. He counsels registered and private funds and fund managers in connection with organizational, offering, transactional, and compliance matters. Mr. O’Brien regularly works with a variety of different fund structures, including open-end and closed-end funds, exchange-traded funds, and hedge funds. Jack also counsels investment adviser and broker-dealer clients on various matters, particularly with respect to registration and disclosure, marketing regulations, pay-to-play issues, and transactions in exchange-traded funds.

Registration Cancellation or Substitution

For the live webinar, cancellations and substitutions must be received in writing no later than 5:00 p.m. (ET) Wednesday, July 8, 2015. Email your requests to