# Exemption for Certain Investment Advisers Operating Through the Internet
> **US Securities and Exchange Commission** · Final rule. · Published 2002-12-18 · Effective 2003-01-20 · 67 FR 77620
## Document
- **Document number:** 02-31843
- **Category:** final-rule
- **Agency:** US Securities and Exchange Commission
- **Federal Register citation:** 67 FR 77620
- **CFR reference:** 17 CFR 275
- **Publication date:** 2002-12-18
- **Effective date:** 2003-01-20
- **Docket:** Release No. IA-2091
## 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.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2002/12/18/02-31843/exemption-for-certain-investment-advisers-operating-through-the-internet)
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