Search results
Results from the WOW.Com Content Network
The Investment Advisers Act of 1940, codified at 15 U.S.C. § 80b-1 through 15 U.S.C. § 80b-21, is a United States federal law that was created to monitor and regulate the activities of investment advisers (also spelled "advisors") as defined by the law.
This can be seen most notably in Rule 206(4)-5 of the Investment Advisers Act of 1940 and Rules G-37 and G-38 of the MSRB Rule Book. [ 14 ] Pay-to-play occurs when investment firms or their employees make campaign contributions to politicians or candidates for office in the hope of receiving business from the municipalities that those political ...
An IA must adhere to a fiduciary standard of care laid out in the US Investment Advisers Act of 1940.This standard requires IAs to act and serve a client's best interests with the intent to eliminate, or at least to expose, all potential conflicts of interest which might incline an investment adviser—consciously or unconsciously—to render advice which was not in the best interest of the IA ...
Title IV, or the "Private Fund Investment Advisers Registration Act of 2010," [36] requires certain previously exempt investment advisers to register as investment advisers under the Investment Advisers Act of 1940. [37] Most notably, it requires many hedge fund managers and private equity fund managers to register as advisers for the first ...
Trump advisers and potential nominees have also discussed plans to either combine or otherwise restructure the main federal bank regulators: the FDIC, OCC and the Federal Reserve, the WSJ report ...
A vendor in Madrid weighs a bunch of grapes at the market on New Year's Eve. / Credit: Europa Press News via Getty Images
The U.S.'s Dodd-Frank Wall Street Reform Act was passed in July 2010 [4] [94] and requires SEC registration of advisers who manage private funds with more than US$150 million in assets. [ 212 ] [ 213 ] Registered managers must file Form ADV with the SEC, as well as information regarding their assets under management and trading positions. [ 214 ]
Gary Gensler is set to leave his post in just a month’s time, but the controversial chair of the Securities and Exchange Commission is continuing his agency’s aggressive campaign against the ...