Criminal Background Checks for IA Reps in Massachusetts


There is a new requirement for Investment Advisers Representatives in Massachusetts. Beginning on January 1, 2014 each applicant for registration as an investment adviser representative in Massachusetts will be required to submit a Criminal Offender Record Information (“CORI”) acknowledgement form.

The Secretary of State published proposed changes to the Investment Adviser regulations in March. The changes are effective on January 1, 2014.

The CORI acknowledgement form will be made available in fillable .pdf format on the Division’s website at the URL and is a required component of a complete application. But the IARD system won’t take the form so the completed and executed CORI acknowledgement form has to be filed by e-mail submission to the address