In July 2010 the SEC adopted amendments to Form ADV, Part 2 and rules 203-1, 204-1, 204-2, and 204-3 under the Investment Advisers Act of 1940.
 
The adopted amendments replace Form ADV, Part II with Form ADV, Part 2. The adopted amendments change the format from a check-the-box format to a plain English narrative format, add and revise questions on the form, require electronic filing of the form on IARD, and require brochure supplements for certain supervised persons be provided to clients.