Created by Congress, the Investment Company Act of 1940 regulates the organization of investment companies and the product offerings they issue.

The Investment Company Act of 1940 (commonly referred to as the '40 Act) is an act of Congress which regulates investment funds. History · Contents · Summary of notable provisions

20 июн. 2018 г. · This Act regulates the organization of companies, including mutual funds, that engage primarily in investing, reinvesting, and trading in securities.

27 июн. 2023 г. · The Investment Company Act's purpose was to build investor confidence in investment companies, which were relatively new at that time, by ...

Its primary goal is to ensure that investment companies act in the interest of investors. Its related goal is to minimize conflicts of interest that can arise ...

The 1940 Act regulates open- and closed-end investment companies, as well as their investment advisers and principal underwriters. 4. Investment Advisers Act of ...

More than 100 million Americans invest $25 trillion in mutual funds and exchange-traded funds (collectively, “funds”) regulated by the Investment Company Act of ...

The Investment Company Act of 1940 regulates entities (a) whose primary purpose is investing or trading in securities; and (b) that sell their interests to ...

Investment Company Act of 1940 regulates the organization of companies, including mutual funds, that engage primarily in investing, reinvesting, and trading in ...