More terms
Investment Advisers Act of 1940
The federal law governing investment advisers, including registration, conduct, disclosure, and antifraud obligations that may also reach unregistered advisers.
What traders should verify
For Investment Advisers Act of 1940, locate the controlling statute or rule, transaction facts, jurisdiction, current amendments, SEC filings or orders, and qualified legal interpretation when needed.
Do not conflate
This summary of Investment Advisers Act of 1940 is educational, not a legal conclusion; the instrument's facts, current law, and jurisdiction control.
Primary source
SEC definitionSource boundary: this glossary reflects SEC staff views and is not a Commission rule, regulation, or statement. Check the linked source for current wording and legal context.