Welcome to the deVere USA Fair Fund Website

If you transferred money into a Qualifying Recognized Overseas Pension Scheme (“QROPS”) during the period from June 5, 2013 to March 30, 2016, inclusive of both dates (“Relevant Period”), you may be eligible for compensation from the DeVere USA Fair Fund.

On June 4, 2018, The Securities and Exchange Commission (“SEC” or the “Commission”) issued an Order against deVere USA, Inc. (the “Respondent”). According to the Order, between at least June 2013 and March 2016, Respondent failed to make full and fair disclosure to clients and prospective clients of material conflicts of interest regarding compensation obtained from third-party product and service providers.

As a result of the Respondent’s misconduct, the Order found that Respondent violated Sections 206(1), 206(2), 207 and 206(4) of the Investment Advisers Act of 1940 and Rule 206(4)-7 promulgated thereunder. In the Order, Respondent was ordered to pay a civil money penalty in the amount of $8,000,000.00 to the Commission.

Eligible Investor’s Participation Options for this Fair Fund

Distribution Notices and Certification Forms were mailed to known Eligible Investors on October 1, 2020.

Complete details regarding participation in this Fair Fund are contained in the Distribution Notice and Distribution Plan.

If you are an Eligible Investor, in order to receive a payment from the Distribution Fund:

• if you have no Dispute as to your Eligible Loss Amount, you must submit the Certification Form so that it is postmarked no later than 60 days from the date of the Notice.
• if you have a Dispute as to your Eligible Loss Amount, you must complete the Certification Form and write to the Fund Administrator detailing the reasons for your objection and return it so that it is postmarked no later than 60 days from the date of the Notice.

Certification forms and supporting documentation (if any) may also be uploaded using the Fund Administrator’s secure upload system.

IF YOU ARE AN ELIGIBLE INVESTOR AND DO NOT COMPLETE A CERTIFICATION FORM AND RETURN IT TO THE FUND ADMINISTRATOR WITHIN THE DEADLINES DESCRIBED ABOVE, YOU WILL NOT RECEIVE A DISTRIBUTION PAYMENT.