English Wikipedia - The Free Encycl...
הורד מילון זה
Investment Company Act of 1940
The
Investment Company Act of 1940
is an
act of Congress
. It was passed as a
United States
Public Law
on August 22, 1940, and is codified at . Along with the
Securities Exchange Act of 1934
and
Investment Advisers Act of 1940
, and extensive rules issued by the
Securities and Exchange Commission
, it forms the backbone of United States
financial regulation
. It has been updated by the
Dodd-Frank Act of 2010
. Often known as the Company Act, the 1940 Act or simply the '40 Act, it is the primary source of regulation for mutual funds and closed-end funds, an investment industry now in the many trillions of dollars. In addition, the '40 Act impacts the operations of hedge funds, private equity funds and even
holding companies
.
See more at Wikipedia.org...
© This article uses material from
Wikipedia
®
and is licensed under the
GNU Free Documentation License
and under the
Creative Commons Attribution-ShareAlike License