Investment Advisers Act of 1940


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Investment Advisers Act

Legislation in the United States defining an investment adviser as a person who provides professional advice on how to manage investments or makes investments on behalf of a client. Under amendments to the Advisers Act, investment advisers with more than $25 million under management are required to register with the SEC. The act defines the liability of investment advisers and provides guidelines on the fees and commissions they may collect. Additionally, the Act provides certain anti-fraud provisions protecting investors from predatory advisers, even those not registered with the SEC.

Investment Advisers Act of 1940

A federal act that defines what an investment adviser is, requires such advisors to register with the SEC, and sets standards for advertising, disclosure, fees, liability, and record keeping. The Act was passed to protect investors. Also called Advisers Act.
References in periodicals archive ?
DoubleLine Capital LP, a registered investment adviser under the Investment Advisers Act of 1940, acts as the investment adviser for the funds.
Fortunately, the Investment Advisers Act of 1940 may provide the definitive answer.
206(4) of the Investment Advisers Act of 1940 to their use of social media.
On May 20, the Securities and Exchange Commission released proposed amendments to the custody rule under the Investment Advisers Act of 1940 and related forms.
A lot has changed in the accounting profession since the Investment Advisers Act of 1940 (Advisers Act).
Given these risk factors, it pays for every investment adviser to understand what constitutes fraud under the Investment Advisers Act of 1940.
It covers the Securities Act of 1933 and the Securities Exchange Act of 1934, including selected rules and forms; selected provisions of Regulations S-K and S-X; Regulations M and M-A; selected provisions of Regulation ATS; Regulations AC, FD, and G; selected provisions of the Rules of Practice and Investigations; selected release of Staff Accounting Bulletins; the Sarbanes-Oxley Act of 2002; selected provisions of the Investment Advisers Act of 1940 and the Advisers Act Rules; and selected provisions of the Investment Company Act of 1940 and the Investment Company Act Rules.
Updated two times a year, the book provides section-by-section analysis of the Investment Advisers Act of 1940, and practical advice on how to comply with the act's requirements.
an investment management firm registered with the SEC under the Investment Advisers Act of 1940.
Federal regulators enforce, among other statutes, the Investment Company Act of 1940 and Investment Advisers Act of 1940.
The Solicitor has entered into an agreement with Lexington Advisors, a registered investment adviser under the Investment Advisers Act of 1940 (the Adviser), under which the Solicitor has agreed to solicit clients on the behalf of the Adviser.
The Company's investment activities are managed by its Investment Adviser, Princeton Investment Advisors, LLC, which is an investment adviser registered under the Investment Advisers Act of 1940, as amended.

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