1940 Act definition: Copy, customize, and use instantly
Introduction
The term "1940 Act" refers to the Investment Company Act of 1940, a U.S. federal law that regulates investment companies, including mutual funds and exchange-traded funds (ETFs). It establishes rules to protect investors by ensuring that investment companies operate transparently, manage conflicts of interest, and safeguard the financial integrity of their operations. Clearly defining "1940 Act" in contracts is crucial for ensuring that parties understand their regulatory obligations related to investment company operations.
Below are various examples of how "1940 Act" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "1940 Act" as a regulatory framework
This definition ties "1940 Act" to the framework of regulations governing investment companies.
"1940 Act" means the Investment Company Act of 1940, as amended, a U.S. federal law that regulates the organization and activities of investment companies, including mutual funds and exchange-traded funds.
Definition of "1940 Act" as a law governing investment companies
This definition connects "1940 Act" to its role in governing investment companies.
"1940 Act" refers to the Investment Company Act of 1940, a U.S. statute that establishes regulations for investment companies, including their registration, operation, and disclosure requirements.
Definition of "1940 Act" as a U.S. Securities Act
This definition links "1940 Act" to its role as part of the broader U.S. Securities Act.
"1940 Act" means the Investment Company Act of 1940, part of the U.S. Securities Acts, that regulates the activities of investment companies to ensure transparency and protect investors.
Definition of "1940 Act" as a statute governing fund operations
This definition ties "1940 Act" to the regulations governing mutual fund operations.
"1940 Act" refers to the Investment Company Act of 1940, which establishes the regulatory framework under which mutual funds and similar investment vehicles operate.
Definition of "1940 Act" as the investment company regulation law
This definition connects "1940 Act" to its specific function as the law regulating investment companies.
"1940 Act" means the Investment Company Act of 1940, which sets forth the legal requirements governing the structure, management, and operations of investment companies in the United States.
Definition of "1940 Act" as a compliance requirement for investment firms
This definition links "1940 Act" to its role as a compliance framework for investment firms.
"1940 Act" refers to the legal obligations set forth in the Investment Company Act of 1940, which investment firms must comply with in order to operate within U.S. markets.
Definition of "1940 Act" as a financial protection statute
This definition ties "1940 Act" to its role in protecting investors within the financial system.
"1940 Act" means the Investment Company Act of 1940, designed to provide financial protections to investors by regulating the activities of investment companies.
Definition of "1940 Act" as a legal framework for mutual funds
This definition connects "1940 Act" to its specific role in the mutual fund industry.
"1940 Act" refers to the Investment Company Act of 1940, which provides the legal framework under which mutual funds are structured and operate.
Definition of "1940 Act" as the foundation for investor protections
This definition links "1940 Act" to its role in ensuring investor protections in the financial markets.
"1940 Act" means the Investment Company Act of 1940, which serves as the foundation for regulations ensuring the transparency, fairness, and integrity of investment company operations.
Definition of "1940 Act" as an essential law for financial transparency
This definition ties "1940 Act" to its role in promoting financial transparency in investment companies.
"1940 Act" refers to the Investment Company Act of 1940, which requires investment companies to disclose financial information to promote transparency and investor confidence.
Definition of "1940 Act" as a federal law governing fund registration
This definition links "1940 Act" to its requirement for fund registration and oversight.
"1940 Act" means the Investment Company Act of 1940, which mandates that investment companies register with the Securities and Exchange Commission (SEC) and adhere to regulatory oversight.
Definition of "1940 Act" as an investor safeguard
This definition connects "1940 Act" to its function as a safeguard for investors in the U.S. financial system.
"1940 Act" refers to the Investment Company Act of 1940, which includes provisions designed to safeguard investors by regulating the activities and practices of investment companies.
Definition of "1940 Act" as a law promoting market integrity
This definition ties "1940 Act" to its role in maintaining the integrity of financial markets.
"1940 Act" means the Investment Company Act of 1940, which contributes to the integrity of U.S. financial markets by regulating investment company activities and practices.
Definition of "1940 Act" as an oversight tool for investment vehicles
This definition connects "1940 Act" to its role as a tool for overseeing investment vehicles.
"1940 Act" refers to the Investment Company Act of 1940, which provides the Securities and Exchange Commission (SEC) with the authority to oversee the operations of investment vehicles like mutual funds and ETFs.
Definition of "1940 Act" as a governance tool for fund managers
This definition links "1940 Act" to its role in governance of fund managers and their practices.
"1940 Act" means the Investment Company Act of 1940, which governs the practices of fund managers and requires compliance with operational standards, transparency, and investor protections.
Definition of "1940 Act" as a rulebook for public investment funds
This definition ties "1940 Act" to its role as a rulebook for public investment funds.
"1940 Act" refers to the Investment Company Act of 1940, which establishes the rules and guidelines for the operation of public investment funds, including disclosure and governance requirements.
Definition of "1940 Act" as a requirement for SEC registration
This definition connects "1940 Act" to its requirement for investment companies to register with the SEC.
"1940 Act" means the Investment Company Act of 1940, which mandates that investment companies register with the Securities and Exchange Commission and comply with various operational and disclosure requirements.
Definition of "1940 Act" as a statute governing the financial practices of mutual funds
This definition links "1940 Act" to its regulation of financial practices specific to mutual funds.
"1940 Act" refers to the Investment Company Act of 1940, which regulates the financial practices and operations of mutual funds, including governance, reporting, and risk management standards.
Definition of "1940 Act" as a legislative safeguard for investors in pooled investment funds
This definition connects "1940 Act" to its role in safeguarding investors in pooled investment funds.
"1940 Act" means the Investment Company Act of 1940, which provides legislative safeguards for investors in pooled investment funds by enforcing transparency, fairness, and compliance within investment companies.
Definition of "1940 Act" as a legal standard for the operation of public investment companies
This definition ties "1940 Act" to its role as a legal standard for public investment companies.
"1940 Act" refers to the Investment Company Act of 1940, which sets forth the legal standards for the operations of public investment companies, including mutual funds, and ensures compliance with SEC regulations.
Definition of "1940 Act" as a regulation of asset management companies
This definition ties "1940 Act" to its specific role in regulating asset management firms.
"1940 Act" refers to the Investment Company Act of 1940, which regulates the operations, governance, and financial practices of asset management companies, including mutual funds and closed-end funds.
Definition of "1940 Act" as the foundation for corporate governance in investment companies
This definition connects "1940 Act" to its role in corporate governance for investment companies.
"1940 Act" means the Investment Company Act of 1940, which serves as the foundation for corporate governance standards and fiduciary responsibilities of investment company boards and management.
Definition of "1940 Act" as a vehicle for investor protection in pooled funds
This definition links "1940 Act" to its role in investor protection for pooled investment funds.
"1940 Act" refers to the Investment Company Act of 1940, which establishes investor protection measures for pooled funds like mutual funds, ensuring that fund management acts in the best interests of investors.
Definition of "1940 Act" as an investor disclosure regulation
This definition connects "1940 Act" to its disclosure requirements for investment companies.
"1940 Act" means the Investment Company Act of 1940, which mandates that investment companies disclose financial and operational information to protect investors and promote transparency.
Definition of "1940 Act" as a set of regulations for financial reporting by investment companies
This definition ties "1940 Act" to its role in regulating the financial reporting practices of investment companies.
"1940 Act" refers to the Investment Company Act of 1940, which requires investment companies to maintain specific financial reporting standards to provide transparency to investors and regulators.
Definition of "1940 Act" as an oversight tool for mutual fund operations
This definition links "1940 Act" to its oversight function for mutual funds.
"1940 Act" means the Investment Company Act of 1940, which grants the Securities and Exchange Commission (SEC) oversight authority over mutual fund operations to ensure regulatory compliance.
Definition of "1940 Act" as a law addressing conflicts of interest in fund management
This definition ties "1940 Act" to its role in addressing conflicts of interest within fund management.
"1940 Act" refers to the Investment Company Act of 1940, which includes provisions to address potential conflicts of interest between fund managers, trustees, and shareholders.
Definition of "1940 Act" as a tool for regulating mutual fund fee structures
This definition connects "1940 Act" to its role in regulating the fee structures of mutual funds.
"1940 Act" means the Investment Company Act of 1940, which provides guidelines on the permissible fee structures for mutual funds, aiming to ensure fairness and transparency in the costs charged to investors.
Definition of "1940 Act" as a legal safeguard for mutual fund shareholders
This definition ties "1940 Act" to its function as a safeguard for shareholders in mutual funds.
"1940 Act" refers to the Investment Company Act of 1940, which includes provisions designed to protect mutual fund shareholders by regulating management practices and ensuring compliance with investor protection standards.
Definition of "1940 Act" as a compliance standard for fund registration
This definition connects "1940 Act" to the registration requirements for investment companies.
"1940 Act" means the Investment Company Act of 1940, which establishes the registration and reporting requirements for investment companies with the Securities and Exchange Commission (SEC).
Definition of "1940 Act" as an industry standard for mutual fund operations
This definition links "1940 Act" to its role as the industry standard for mutual fund operations.
"1940 Act" refers to the Investment Company Act of 1940, which sets forth the industry standards for the operations, governance, and management of mutual funds.
Definition of "1940 Act" as a regulatory benchmark for U.S. investment firms
This definition ties "1940 Act" to its role as a regulatory benchmark for U.S. investment firms.
"1940 Act" means the Investment Company Act of 1940, which serves as the benchmark for regulatory compliance for U.S. investment firms managing pooled investment vehicles.
Definition of "1940 Act" as a statute regulating financial reporting of mutual funds
This definition connects "1940 Act" to its role in regulating the financial reporting of mutual funds.
"1940 Act" refers to the Investment Company Act of 1940, which governs the financial reporting practices of mutual funds, ensuring accurate and transparent disclosure to investors.
Definition of "1940 Act" as a rule governing the protection of public investors
This definition ties "1940 Act" to its role in protecting public investors.
"1940 Act" means the Investment Company Act of 1940, which establishes rules governing the protection of public investors in mutual funds and other investment companies through regulatory oversight and investor safeguards.
Definition of "1940 Act" as a framework for mutual fund governance
This definition connects "1940 Act" to its role in defining mutual fund governance standards.
"1940 Act" refers to the Investment Company Act of 1940, which sets forth the governance framework for mutual funds, including the roles and responsibilities of fund managers, directors, and trustees.
Definition of "1940 Act" as a mechanism for regulating the valuation of fund assets
This definition links "1940 Act" to its regulation of asset valuation within funds.
"1940 Act" means the Investment Company Act of 1940, which regulates the valuation of assets held by investment companies to ensure accurate pricing and fair treatment of investors.
Definition of "1940 Act" as a law providing for periodic audits of investment companies
This definition ties "1940 Act" to its provision for periodic audits of investment companies.
"1940 Act" refers to the Investment Company Act of 1940, which requires investment companies to undergo periodic audits to ensure compliance with regulatory standards and to maintain financial transparency.
Definition of "1940 Act" as a statute governing the operation of public investment pools
This definition connects "1940 Act" to its regulation of public investment pools.
"1940 Act" means the Investment Company Act of 1940, which governs the operation of public investment pools, such as mutual funds, ensuring that they operate in a manner that is fair and transparent to investors.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.