More terms
Investment Company
A pooled vehicle that issues its own securities and invests investors' money collectively, unless it qualifies for an exclusion such as the private-fund exclusions.
What traders should verify
For Investment Company, inspect the legal structure, adviser and Form ADV, investor eligibility, strategy, holdings, fees, leverage, liquidity, conflicts, and reporting date.
Do not conflate
The label Investment Company does not by itself establish registration status, current holdings, liquidity, risk, performance, or investor eligibility.
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.