Investment Advisers Act of 1940

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 regulate the actions of investment advisers (also spelled "advisors") as defined by the law.

Read more about Investment Advisers Act Of 1940:  Overview, Contents, Summary

Famous quotes containing the words investment and/or act:

    The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that city’s whaling fleets once described the Bible as the best cheap investment a shipowner could make.
    —For the State of Massachusetts, U.S. public relief program (1935-1943)

    Raising a daughter is an extremely political act in this culture. Mothers have been placed in a no-win situation with their daughters: if they teach their daughters simply how to get along in a world that has been shaped by men and male desires, then they betray their daughters’ potential But, if they do not, they leave their daughters adrift in a hostile world without survival strategies.
    Elizabeth Debold (20th century)