ERISA is a federal law that sets minimum standards for retirement plans in private industry. These web pages describe the notice filing laws of each state (and the District of Columbia) with respect to investment advisers registered with the SEC.Learn how to register as an investment advisor in Pennsylvania. RIAs with discretion must submit a balance sheet. RIAs with custody must submit a balance sheet and an income statement. A private fund adviser must not be subject to disqualification from prior bad acts such as fraud or other securities law violations. An applicant for registration as an investment adviser representative must file a Form U4, which also has its own completion instructions.