Which of the following statements is (are) TRUE concerning wrap fee programs under the Uniform Securities Act?

Which of the following statements is (are) TRUE concerning wrap fee programs under the Uniform Securities Act?


Wrap fee disclosure documents must be filed with the Administrator.


Nonmaterial changes to wrap fee disclosure documents must be filed with the Administrator within 90 days of fiscal year end.


Amendments must be filed promptly with the Administrator if the disclosure document becomes inaccurate in any material way.


The disclosure document must contain the information required by Appendix 1 of Form ADV Part 2A.



A) I and III.

B) I, III and IV.

C) I only.

D) I, II, III and IV.



Answer: D


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