Investment Company Act of 1940
E9481
The Investment Company Act of 1940 is a U.S. federal law that regulates the organization and activities of investment companies, such as mutual funds, to protect investors through disclosure, governance, and operational requirements.
All labels observed (4)
How this entity was disambiguated
This entity first appeared as the object of triple T48299 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Investment Company Act of 1940 Context triple: [Securities and Exchange Commission, enforces, Investment Company Act of 1940]
-
A.
U.S. Securities Act of 1933
The U.S. Securities Act of 1933 is a landmark federal law that established strict disclosure requirements for securities offerings to protect investors and restore confidence in financial markets after widespread abuses revealed by the stock market crash and ensuing economic crisis.
-
B.
U.S. Securities Exchange Act of 1934
The U.S. Securities Exchange Act of 1934 is a landmark federal law that created the Securities and Exchange Commission (SEC) and established comprehensive regulation of secondary trading of securities in the United States to restore investor confidence and prevent market abuses.
-
C.
Glass–Steagall Act
The Glass–Steagall Act was a landmark U.S. banking law of the 1930s that separated commercial and investment banking to curb financial speculation and prevent future banking crises.
-
D.
Sarbanes–Oxley Act of 2002
The Sarbanes–Oxley Act of 2002 is a U.S. federal law that established sweeping reforms to improve corporate governance, financial reporting, and auditor independence in response to major accounting scandals.
-
E.
Dodd–Frank Wall Street Reform and Consumer Protection Act
The Dodd–Frank Wall Street Reform and Consumer Protection Act is a major U.S. financial reform law enacted after the 2008 crisis to increase oversight of Wall Street, reduce systemic risk, and strengthen consumer financial protections.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Investment Company Act of 1940 Target entity description: The Investment Company Act of 1940 is a U.S. federal law that regulates the organization and activities of investment companies, such as mutual funds, to protect investors through disclosure, governance, and operational requirements.
-
A.
U.S. Securities Act of 1933
The U.S. Securities Act of 1933 is a landmark federal law that established strict disclosure requirements for securities offerings to protect investors and restore confidence in financial markets after widespread abuses revealed by the stock market crash and ensuing economic crisis.
-
B.
U.S. Securities Exchange Act of 1934
The U.S. Securities Exchange Act of 1934 is a landmark federal law that created the Securities and Exchange Commission (SEC) and established comprehensive regulation of secondary trading of securities in the United States to restore investor confidence and prevent market abuses.
-
C.
Glass–Steagall Act
The Glass–Steagall Act was a landmark U.S. banking law of the 1930s that separated commercial and investment banking to curb financial speculation and prevent future banking crises.
-
D.
Sarbanes–Oxley Act of 2002
The Sarbanes–Oxley Act of 2002 is a U.S. federal law that established sweeping reforms to improve corporate governance, financial reporting, and auditor independence in response to major accounting scandals.
-
E.
Dodd–Frank Wall Street Reform and Consumer Protection Act
The Dodd–Frank Wall Street Reform and Consumer Protection Act is a major U.S. financial reform law enacted after the 2008 crisis to increase oversight of Wall Street, reduce systemic risk, and strengthen consumer financial protections.
- F. None of above. chosen
Statements (62)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal statute
ⓘ
securities regulation law ⓘ |
| administeredBy |
Securities and Exchange Commission
ⓘ
surface form:
U.S. Securities and Exchange Commission
|
| appliesTo | publicly offered investment companies ⓘ |
| citation | 15 U.S.C. § 80a-1 et seq. ⓘ |
| contains |
Section 1 (Findings and declaration of policy)
ⓘ
Section 10 (Affiliations of directors and underwriters) ⓘ Section 12 (Functions and activities of investment companies) ⓘ Section 15 (Investment advisory and underwriting contracts) ⓘ Section 17 (Transactions of certain affiliated persons and underwriters) ⓘ Investment Company Act of 1940 self-linksurface differs ⓘ
surface form:
Section 18 (Capital structure of investment companies)
Section 2 (Definitions) ⓘ Section 22 (Distribution, redemption, and repurchase of securities) ⓘ Section 3 (Definition of investment company) ⓘ Section 36 (Breach of fiduciary duty) ⓘ Section 38 (Rules, regulations, and orders) ⓘ Section 4 (Classification of investment companies) ⓘ Section 5 (Subclassification of management companies) ⓘ Section 8 (Registration of investment companies) ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| dateEnacted | 1940-08-22 ⓘ |
| effectiveDate | 1940-11-01 ⓘ |
| enactedBy | United States Congress ⓘ |
| enforcementBy |
Division of Investment Management
ⓘ
surface form:
SEC Division of Investment Management
|
| enforcementMechanism |
administrative proceedings
ⓘ
civil enforcement actions ⓘ |
| imposes |
asset coverage requirements for senior securities
ⓘ
limitations on concentration of investments ⓘ limitations on leverage by investment companies ⓘ requirements for shareholder voting on fundamental policies ⓘ restrictions on affiliated transactions ⓘ restrictions on custody of fund assets ⓘ restrictions on investment company names that may mislead investors ⓘ restrictions on multiple classes of shares ⓘ rules on distribution and underwriting of fund shares ⓘ rules on valuation of portfolio securities ⓘ |
| influenced | global regulation of collective investment schemes ⓘ |
| jurisdiction | federal law of the United States ⓘ |
| longTitle | An Act to provide for the registration and regulation of investment companies and investment advisers, and for other purposes ⓘ |
| partOf | federal securities laws of the United States ⓘ |
| policyGoal |
mitigation of conflicts of interest between fund managers and investors
ⓘ
promotion of transparency in pooled investment vehicles ⓘ |
| presidentAtEnactment |
President Franklin D. Roosevelt
ⓘ
surface form:
Franklin D. Roosevelt
|
| primaryPurpose |
protection of investors
ⓘ
regulation of the organization and activities of investment companies ⓘ |
| provides | exemptions for certain privately offered funds ⓘ |
| regulates |
closed-end funds
ⓘ
exchange-traded funds ⓘ investment companies ⓘ mutual funds ⓘ unit investment trusts ⓘ |
| relatedTo |
Dodd–Frank Wall Street Reform and Consumer Protection Act
ⓘ
Investment Advisers Act of 1940 ⓘ U.S. Securities Act of 1933 ⓘ
surface form:
Securities Act of 1933
U.S. Securities Exchange Act of 1934 ⓘ
surface form:
Securities Exchange Act of 1934
|
| requires |
approval of advisory contracts by shareholders
ⓘ
disclosure of financial and operational information to investors ⓘ independent directors on investment company boards ⓘ periodic reporting to the SEC ⓘ registration of investment companies with the SEC ⓘ |
| shortTitle | Investment Company Act of 1940 self-link ⓘ |
| signedBy |
President Franklin D. Roosevelt
ⓘ
surface form:
Franklin D. Roosevelt
|
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Investment Company Act of 1940 Description of subject: The Investment Company Act of 1940 is a U.S. federal law that regulates the organization and activities of investment companies, such as mutual funds, to protect investors through disclosure, governance, and operational requirements.
Referenced by (24)
Full triples — surface form annotated when it differs from this entity's canonical label.
Investment Company Act of 1940
→
contains
→
Investment Company Act of 1940
self-linksurface differs
ⓘ
this entity surface form:
Section 18 (Capital structure of investment companies)
this entity surface form:
Investment Company Act of 1940 provisions
subject surface form:
U.S. Congress
this entity surface form:
Investment Company Act of 1940 (codified sections)