Investment Company Act of 1940
/ˌɪnvɛstmənt ˈkʌmpəni ækt ʌv ˌnaɪntiˈfɔːrti/
Definitions
- (n.) A U.S. federal statute that regulates the organization and activities of investment companies to protect investors and ensure transparency.
The Investment Company Act of 1940 imposes strict disclosure requirements on mutual funds.
Forms
- investment company act of 1940
Related terms
See also
Commentary
This Act is fundamental in regulating investment companies; drafters should reference it when addressing governance, disclosure, or investor protections in investment entities.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.