Investment Company Act of 1940

Legislation that requires investment companies to register with the SEC and that outlines standards by which they must operate.

Investment Company Act of 1940

Legislation in the United States regulating investment companies such as mutual funds. The act placed restrictions on the activities in which investment companies are allowed to engage. For example, it forbade short selling in many circumstances. It required investment companies to file financial disclosure and set limits on the fees they are allowed to charge; it also required that investment companies with more than a certain number of investors register with the SEC. The Investment Company Act is enforced by the SEC. See also: Investment Advisers Act of 1940.

Investment Company Act of 1940.

Congress passed the Investment Company Act of 1940 to authorize the Securities and Exchange Commission (SEC) to regulate investment companies, though not to supervise or evaluate their investment decisions.

The Act requires that all mutual funds and exchange traded funds (ETFs) that invest in securities and sell their own shares to US investors must register with the SEC and meet a set of standards. These standards include regular public disclosure of their financial situation, their investment policies and objectives, and their fund portfolios as well as their pricing and fees.

The provisions of the Act are updated from time to time to reflect market developments, changing attitudes toward governance, and other issues.

单词	investment company act of 1940
释义	Investment Company Act of 1940 Investment Company Act of 1940 Legislation that requires investment companies to register with the SEC and that outlines standards by which they must operate. Investment Company Act of 1940 Legislation in the United States regulating investment companies such as mutual funds. The act placed restrictions on the activities in which investment companies are allowed to engage. For example, it forbade short selling in many circumstances. It required investment companies to file financial disclosure and set limits on the fees they are allowed to charge; it also required that investment companies with more than a certain number of investors register with the SEC. The Investment Company Act is enforced by the SEC. See also: Investment Advisers Act of 1940. Investment Company Act of 1940. Congress passed the Investment Company Act of 1940 to authorize the Securities and Exchange Commission (SEC) to regulate investment companies, though not to supervise or evaluate their investment decisions. The Act requires that all mutual funds and exchange traded funds (ETFs) that invest in securities and sell their own shares to US investors must register with the SEC and meet a set of standards. These standards include regular public disclosure of their financial situation, their investment policies and objectives, and their fund portfolios as well as their pricing and fees. The provisions of the Act are updated from time to time to reflect market developments, changing attitudes toward governance, and other issues.
随便看	simulated telecommunications analysis reporting simulated training requirements effectiveness report simulated waste access to ground water simulated work environment simulated workstation input simulated workstation output simulated worst case simulates simulating simulating accelerator radiation environment simulating digital systems simulating large explosive detonatable gas experiment simulating new acquisition processes simulation simulation algorithm for water flow in aqueous in habitats simulation analysis simulation analysis language simulation and analysis simulation and analysis tools for urban automated rapid transit networks simulation and animation for interactive design simulation and assignment of traffic to urban road network simulation and modeling simulation and modeling anchored in real-world testing simulation and modeling assistant for research and training simulation and modeling for acquisition, requirements and training