Investment Company Act

Investment Company Act
A comprehensive federal statute regulating investment companies as defined in the act. 15 USC §§ 80a-1 et seq.

Ballentine's law dictionary. . 1998.

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  • Investment Company Act — of 1940, as amended (ICA) USA The Investment Company Act of 1940 (15 U.S.C. §§ 80a 1 − 80a 64) regulates mutual funds and other companies that engage primarily in investing, reinvesting, and trading in securities, and whose own securities are… …   Law dictionary

  • Investment Company Act of 1940 — Investment Company Act of 1940, as amended (ICA) USA The Investment Company Act of 1940 (15 U.S.C. §§ 80a 1 − 80a 64) regulates mutual funds and other companies that engage primarily in investing, reinvesting, and trading in securities, and whose …   Law dictionary

  • Investment Company Act of 1940, as amended — (ICA) USA The Investment Company Act of 1940 (15 U.S.C. §§ 80a 1 − 80a 64) regulates mutual funds and other companies that engage primarily in investing, reinvesting, and trading in securities, and whose own securities are offered to the… …   Law dictionary

  • Investment Company Act of 1940 — The Investment Company Act of 1940 is an act of Congress. It was passed as a United States Public Law and is codified at usc|15|80a 1 through usc|15|80a 64.Following the founding of the mutual fund in 1924, investors welcomed the innovation with… …   Wikipedia

  • Investment Company Act of 1940 — Legislation that requires investment companies ( investment company) to register with the SEC and that outlines standards by which they must operate. Bloomberg Financial Dictionary …   Financial and business terms

  • Investment Company Act Of 1940 — Created in 1940 through an act of Congress, this piece of legislation clearly defines the responsibilities and limitations placed on fund companies that offer investment products to the public. Enforced and regulated by the Securities and… …   Investment dictionary

  • investment company — see company Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. investment company …   Law dictionary

  • Investment company — An investment company is a company whose main business is holding securities of other companies purely for investment purposes. The investment company invests money on behalf of its shareholders who in turn share in the profits and losses. In… …   Wikipedia

  • Investment Advisers Act of 1940 — The Investment Advisers Act of 1940, codified at usc|15|80b 1 through usc|15|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.The law provides in …   Wikipedia

  • Investment Company — A corporation or trust engaged in the business of investing the pooled capital of investors in financial securities. This is most often done either through a closed end fund or an open end fund (also referred to as a mutual fund). In the U.S.,… …   Investment dictionary

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