Investment Company Act

Former Lehman Chief Defeats Employee Lawsuit Over Retirement Losses
(Reuters) — A federal judge on Friday dismissed a lawsuit by former Lehman Brothers Holdings Inc. employees seeking to hold onetime CEO Richard Fuld liable for their retirement plan losses as the Wall Street bank plunged into its 2008 bankruptcy. ... Read News

SEC Valuation And Liquidity Guidance For Registered ...
1. Provisions of the Investment Company Act. Provisions of the Investment Company Act. Section 2(A)(41) Section 2. General definitions. (a) When used in this title, unless the context otherwise requires— ... View Full Source

Mergers And Acquisitions Of Investment Managers: Assignment ...
Investment Company Act of 1940 Act). An assignment of an investment advisory agreement with a registered investment company (fund) under the 1940 Act results in the automatic termination of the agreement, giving rise to the necessity for approval by both the ... Read Content

SEI Global Asset Management Product Guide Private Funds - 3(c ...
Private Funds are excluded from the definition of an investment company and are, therefore, not registered Central Bank of Ireland under the Investment Intermediaries Act 1995. This material is not directed to any persons where (by reason of that person's nationality, ... Get Doc

The Investment Company Act Of 1940 - Gowlings
Technology Law Issues 2009 Section 3(a)(2) of the ’40s Act states that “investment securities” include “all securities” with certain exceptions, such as government securities and ... Read Content

TAXATION OF REGULATED INVESTMENT COMPANIES
The Regulated Investment Company Modernization Act of 2010 (P.L. 111-325) adds new rules permitting the pass-through of tax-exempt dividends to qualified fund of funds. A qualified fund of funds means a RIC at least 50 percent of the value of its total assets ... Get Content Here

TITLE I—AMENDMENTS TO THE INVESTMENT COMPANY ACT OF 1940
40 broker-dealers involving business development company securities are made only to customers able to afford the risks of the investment Section 65—Liability of Controlling Persons; Preventing Compliance with Title ... Retrieve Document

Investment: Investment Banking Products Definition
Even the popular web siteYouTube.com has seen the posting of numerous comedy skit videos and music including consumer banking and credit, The Investment Company Act Of 1940 - Multistate Tax Commission This definition. ... View Video

Investment Company Act of 1940 – Section 7(b) Cantor Fitzgerald & Company February 17, 2004 Our Ref. No. 200399956 RESPONSE OF THE OFFICE OF CHIEF COUNSEL Cantor Fitzgerald & Co. ... Fetch Document

Mortgage REITs And The Investment Company Act 3(c)(5)(C ...
September 9, 2011 Mortgage REITs and the Investment Company Act 3(c)(5)(C) Exclusion On August 31, 2011, the SEC issued a Concept Release announcing that the ... Read Here

STRUCTURED PRODUCTS: INVESTMENT COMPANY ACT AND INVESTMENT ...
April 3, 2013 Page 77 may be exempt from registration.2 Typically, a Delta-One Instrument would be exempt from the definition of an investment company by reason of Section 3(c)(3) of ... Fetch Document

The Key To The Structure Of Mutual Funds
To understand the structure of mutual funds, compare other “40 Act Funds” – investment companies registered under the Investment Company Act of 1940. ... Read Article

Private Fund Investment Advisers
2 Venture Capital Funds. The Act exempts venture capital fund advisers from registration under the Advisers Act. To qualify for the exemption, an adviser must act as an investment adviser solely to one ... Read More

DEFINITION OF A SECURITY - American Bar
2 Investment Company Determination under the 1940 Act The term “security” is defined in Section 2(a)(36) of the 19405 Act to mean, “unless the ... View Document

SEC Raises Questions Regarding Mortgage REIT Exemption Under ...
September 2011 SEC Raises Questions Regarding Mortgage REIT Exemption Under Investment Company Act . Recent releases from the Securities and Exchange Commission (the “SEC”) regarding exclusions under ... Read Full Source

INVESTMENT COMPANY ACT OF 1940 AND INVESTMENT ... - Ballard Spahr
INVESTMENT COMPANY ACT AND INVESTMENT ADVISERS ACT OF 1940, AS AMENDED. Ballard Spahr Andrews & Ingersoll, LLP JohnN.Ake,Esq. E.Carolan Berkley,Esq. ... Fetch Document

International Business: International Business Fair Trinidad
International Business Fair Trinidad 2012 Kentucky Derby Barn Notes - About.com Horse Racing ... Read Article

Compliance Programs Of Investment Companies And Investment ...
Compliance Programs of Investment Companies and Investment Advisers INTRODUCTION On December 3, 2003, (“Advisers Act”) and the Investment Company Act of 1940 (“1940 Act”) that require each investment company (“fund”) and investment adviser (“adviser”) registered with the SEC ... Fetch Here

Chapter 5 Fund Regulation - Practising Law Institute
§ 5:1 Avoiding Investment Company Status Section 3(a)(1) of the Investment Company Act of 1940 defines an investment company as any issuer of securities which “is or holds itself ... View This Document

The Investment Company Act Of 1940
INVESTMENT COMPANY ACT 273 the enterprises in which the company invests and with which it deals, then obviously the opportunities for self-dealing and for conflicts of ... Access Doc

The Investment Company Act Of 1940 - Washington University In ...
INVESTMENT COMPANY ACT ment house was considered an asset, and stockholders, having faith in the integrity of these firms, felt it to their advantage ... Access Doc

The Inadvertent Investment Company: Section 3(a)(3) Of The ...
December 1959] INVESTMENT COMPANY ACT tinuing to carry on its operating business, such a company would find itself subject to regulations that do not reach its competitors. ... Read Content

Investment Management - K&L Gates
Investment Management 1 A “fund” refers to a registered investment company or a business development company, which is a special type of Investment Company Act from the adviser and other service providers. Market Timing – procedures should be ... Access Full Source