* Investment adviser applicants and currently registered investment advisers may use either current ADV Part II or new ADV Part 2 between October 12, 2010 and January 1,2011.
* New investment adviser applicants must file new Form ADV Part 2 through the IARD as part of their application as of January 1, 2011.
* Currently registered investment advisers' Form ADV must incorporate new Form ADV Part 2 as part of any amendment or required annual update as of January 1, 2011.
Please see http://www.in.gov/sos/securities
The SEC's new ADV Part 2 and instructions are at http://www.sec.gov/rules/final/2010/ia-3060.pdf