The Securities and Exchange Commission is implementing minor changes to the new Form ADV rules it adopted in September, which require investment advisers to file the form electronically, the SEC has announced.

The new amendments are administrative and generally clarify filing instructions, provide administrative legal requirements for filing, and eliminate minor inconsistencies within the form, according to the SEC. The changes were made based on feedback from approximately 100 SEC-registered investment advisers that tested the new filing system in a test program that ran from Oct. 17 through Nov. 9, the SEC said.

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