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.

Advisers Act

See Investment Advisers Act of 1940.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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References in periodicals archive

DoubleLine Capital LP is an investment adviser registered under the Investment Advisers Act of 1940.

DoubleLine Opportunistic Credit Fund declares USD 0.110 per share June distribution

The initiative incentivized investment advisers to self-report violations of the Advisers Act resulting from undisclosed conflicts of interest, promptly compensate investors, and review and correct fee disclosures.

SEC announces settled charges against 79 investment advisers

Advisers should understand that their compliance obligations in connection with principal transactions will depend on whether their activities are governed by the Securities Exchange Act of 1934, Investment Advisers Act of 1940--aka the Exchange Act and the Advisers Act, respectively--the Employee Retirement Income Security Act of 1974 (ERISA) or the Internal Revenue Code of 1986 (IRC).

Principal Transactions

Singapore: The Commercial Affairs Department (CAD) of the Singapore Police Force and the MAS announced today that they will extend the Joint Investigations Arrangement to cover all offences under the Securities and Futures Act (SFA) and Financial Advisers Act (FAA).

CAD, MAS to investigate all capital markets

In this book, authors Frankel and Laby present readers with the third edition of their four-volume comprehensive examination of the Investment Company Act, The Investment Advisers Act, and the contemporary regulation of mutual funds and their managers.

The Regulation of Money Managers: Mutual Funds and Advisers, 3rd Edition; 4 volume set

During his tenure at the SEC, he worked on several compliance inspection projects involving compliance examinations of registered investment advisers to ensure compliance with the Investment Advisers Act of 1940, the Investment Company Act of 1940, the Securities Act of 1933, and the Securities Exchange Act of 1934.

Daniel G. Viola, Partner, Sadis & Goldberg LLP to Speak at the Knowledge Group's Event

206(4) of the Investment Advisers Act of 1940 to their use of social media.

SEC on social media and investment manager advertising