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Investment Advisers Act

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Investment Advisers Act
Legislation passed in 1940 requiring financial advisers to register with the Securities and Exchange Commission. The measure was enacted to protect the public from fraud or misrepresentation by investment advisers.


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Given these risk factors, it pays for every investment adviser to understand what constitutes fraud under the Investment Advisers Act of 1940.
a wholly-owned subsidiary and a registered investment adviser under the Investment Advisers Act of 1940.
The Securities and Exchange Commission (SEC) published for comment two rules, one of which would grant thrift institutions a limited exception from Investment Advisers Act requirements governing the manner and extent to which such entities may hold themselves out to the public as providers of investment advisory services (www.
 
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