{"abstract":"The Commission is adopting rule amendments under the Investment Advisers Act of 1940 to exempt certain investment advisers that provide advisory services through the Internet from the prohibition on Commission registration. The rule amendments permit these advisers, whose businesses are not connected to any particular state, to register with the Commission instead of with state securities authorities.","action":"Final rule.","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2002/12/18/02-31843.html","cfr_references":[{"chapter":null,"citation_url":null,"part":275,"title":17},{"chapter":null,"citation_url":null,"part":279,"title":17}],"citation":"67 FR 77620","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"The rule amendments will become effective on January 20, 2003.","disposition_notes":null,"docket_ids":["Release No. IA-2091","File No. S7-10-02"],"dockets":[],"document_number":"02-31843","effective_on":"2003-01-20","end_page":77626,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2002/12/18/02-31843.xml","html_url":"https://www.federalregister.gov/documents/2002/12/18/02-31843/exemption-for-certain-investment-advisers-operating-through-the-internet","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/02-31843?publication_date=2002-12-18","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2002-12-18/02-31843/mods.xml","not_received_for_publication":null,"page_length":7,"page_views":{"count":497,"last_updated":"2026-04-03 22:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2002-12-18/pdf/02-31843.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":null,"publication_date":"2002-12-18","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2002/12/18/02-31843.txt","regulation_id_number_info":{"3235-AI15":{"issue":"200210","html_url":"https://www.federalregister.gov/regulations/3235-AI15/exemption-for-certain-investment-advisers-operating-through-the-internet","title":"Exemption for Certain Investment Advisers Operating Through the Internet","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=200210&RIN=3235-AI15&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["3235-AI15"],"regulations_dot_gov_info":{},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":77620,"subtype":null,"title":"Exemption for Certain Investment Advisers Operating Through the Internet","toc_doc":"Advisers operating through Internet; exemption","toc_subject":"Investment advisers:","topics":[],"type":"Rule","volume":67}