What does investment company act of 1940 mean?
Definitions for investment company act of 1940
in·vestment company act of 1940
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Wikipedia
Investment Company Act of 1940
The Investment Company Act of 1940 is an act of Congress which regulates investment funds. It was passed as a United States Public Law (Pub.L. 76–768) on August 22, 1940, and is codified at 15 U.S.C. §§ 80a-1–80a-64. 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 referenced as the Investment 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.
Numerology
Chaldean Numerology
The numerical value of investment company act of 1940 in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of investment company act of 1940 in Pythagorean Numerology is: 3
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"investment company act of 1940." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/investment+company+act+of+1940>.
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