Investment Advisers Act of 1940
GPTKB entity
Statements (93)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:United_States_federal_law
|
| gptkbp:bfsLayer |
4
|
| gptkbp:bfsParent |
gptkb:Securities_and_Exchange_Commission_(SEC)
gptkb:U._S._Securities_and_Exchange_Commission gptkb:Securities_Exchange_Commission gptkb:U._S._Securities_and_Exchange_Commission_(SEC) |
| gptkbp:addresses |
conflicts of interest
|
| gptkbp:aims_to |
gptkb:Company
|
| gptkbp:amended_by |
gptkb:Dodd-Frank_Wall_Street_Reform_and_Consumer_Protection_Act
gptkb:Investment_Advisers_Supervision_Coordination_Act_of_2010 |
| gptkbp:applies_to |
individuals and firms providing investment advice
|
| gptkbp:appointed_by |
gptkb:financial_services_company
|
| gptkbp:defines |
investment adviser
|
| gptkbp:effective_date |
1940-09-01
|
| gptkbp:enacted_by |
gptkb:legislation
|
| gptkbp:enforces |
gptkb:SEC_Division_of_Investment_Management
SEC examinations |
| gptkbp:established |
registration requirements
fiduciary duty client disclosure obligations exemptions for certain advisers regulatory framework for advisers rules for client account statements rules for investment adviser advertising. rules for proxy voting standards for advertising claims standards for investment advice requirements for investment adviser representatives |
| gptkbp:facilitates |
state regulation of advisers
|
| gptkbp:has_impact_on |
financial markets
|
| https://www.w3.org/2000/01/rdf-schema#label |
Investment Advisers Act of 1940
|
| gptkbp:impact |
financial markets
|
| gptkbp:includes |
provisions for penalties
provisions for enforcement provisions for client complaints provisions for regulatory reporting exemptions for certain advisers provisions for anti-fraud provisions for client education provisions for client privacy provisions for performance fees |
| gptkbp:influence |
anti-fraud provisions
|
| gptkbp:influenced_by |
gptkb:Securities_Act_of_1933
|
| gptkbp:influences |
state regulations on investment advisers
|
| gptkbp:is_associated_with |
financial advisory services
|
| gptkbp:is_challenged_by |
industry lobbyists
|
| gptkbp:is_cited_in |
gptkb:legal_case
|
| gptkbp:is_considered |
landmark legislation
a regulatory framework for advisers |
| gptkbp:is_criticized_for |
overregulation
|
| gptkbp:is_discussed_in |
financial law literature
|
| gptkbp:is_evaluated_by |
financial analysts
|
| gptkbp:is_implemented_in |
SEC rules and regulations
|
| gptkbp:is_influenced_by |
gptkb:Great_Depression
|
| gptkbp:is_part_of |
U. S. financial regulatory framework
U. S. securities law U. S. investment regulation history |
| gptkbp:is_referenced_in |
investment adviser training programs
|
| gptkbp:is_related_to |
gptkb:Investment_Company_Act_of_1940
|
| gptkbp:is_reviewed_by |
Congressional committees
|
| gptkbp:is_subject_to |
judicial review
|
| gptkbp:is_supported_by |
consumer advocacy groups
|
| gptkbp:is_used_to |
protect retail investors
|
| gptkbp:mandates |
client suitability assessments
|
| gptkbp:provides |
guidelines for ethical conduct
client contracts fiduciary duty disclosure requirements guidelines for performance reporting framework for investment adviser oversight framework for investment adviser regulation guidelines for suitability of investments rules for advertising by advisers rules for client communications rules for managing client accounts |
| gptkbp:regulates |
investment advisers
|
| gptkbp:related_to |
gptkb:Securities_Exchange_Act_of_1934
|
| gptkbp:requires |
recordkeeping
performance reporting annual compliance reviews disclosure of conflicts of interest disclosure of fees registration of investment advisers disclosure of fees and expenses disclosure of investment risks background checks for advisers client consent for certain transactions disclosure of disciplinary history disclosure of investment strategies recordkeeping by advisers training for compliance personnel written agreements with clients written policies and procedures |