Legislation: SEC Seeks Changes To Investment Act
- Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940. O'Neill, Kevin M. // Federal Register;11/4/2011, Vol. 76 Issue 214, p68520
The article announces the notice issued by the U.S. Securities and Exchange Commission (SEC) on applications for deregistration under the Investment Company Act of 1940.
- Trade Group Defends 12b-1 Fees. Trincal, Emma // On Wall Street;Mar2005, Vol. 15 Issue 3, p34
Reports on the request made by a brokers trade group to the U.S. Securities and Exchange Commission (SEC) not to eliminate the 12b-1 fees in March 2005. Reasons behind the opposition of The National Association of Investment Professionals to the elimination of the fees; Role of the fees in...
- SEC Eyes Fund Substitutions. Puretz, Jeffrey S. // National Underwriter / Life & Health Financial Services;10/16/2000, Vol. 104 Issue 42, p7
Reports on the decision of the United States Securities and Exchange Commission to scrutinize all the fund substitution applications of insurers in the country. Requirement of the Investment Company Act of 1940; Use of fund substitutions; Details on how several insurers used fund substitutions.
- SEC Issues Some Guidelines On Variable Annuity Exchanges. Brostoff, Steven // National Underwriter / Life & Health Financial Services;7/2/2001, Vol. 105 Issue 27, p33
Reports on the guidelines issued by the United States Securities and Exchange Commission for determining the retail exception to Section 11 of the Investment Company Act regarding variable annuity (VA) exchanges. Reason behind the issuance of the guidelines; Purpose of Section 11; Factors that...
- Independent Chair Rule Won't Fade Quietly. Curtis, Carol E. // Securities Industry News;4/2/2007, Vol. 19 Issue 13, p4
The author reflects on the history and significance of the U.S. Securities and Exchange Commission's independent chair rule, which is a key part of the commission's mutual fund reform package. She states that since the introduction of the rule in 2003, it has experienced repeat votes, court...
- The Regulation of Mutual Fund Names and the Societal Role of Trust: An Exploration of Section 35(d) of the Investment Company Act. Barnett, Larry D. // DePaul Business & Commercial Law Journal;Spring2005, Vol. 3 Issue 3, p345
Section 35(d) of the Investment Company Act ("the Act") authorizes the Securities and Exchange Commission ("the SEC" or "the Commission") to regulate the names of investment companies that are registered with the Commission, and bars registered investment companies -- the vast majority of which...
- When Is a Mutual Fund Director Independent? The Unexplored Role of Professional Relationships Under Section 2(a)(19) of the Investment Company Act. Barnett, Larry D. // DePaul Business & Commercial Law Journal;Winter2006, Vol. 4 Issue 2, p155
An investment company that must register with the Securities and Exchange Commission ("the Commission") is required by the Investment Company Act ("the Act") to have a specified percentage or number of directors who are not "interested" in the company. To be not interested (i.e., to be...
- Laying Down Some Rules For Mutual Funds. Rosenfeld, Mordecal // New Republic;1/7/67, Vol. 156 Issue 1, p13
Discusses the contents of a report on mutual funds prepared by the U.S. Securities and Exchange Commission (SEC) in July 1966. Types of fees paid by mutual fund investors in the country; Background on the concept of reciprocal brokerage; Reforms on mutual fund regulations sought by the SEC.
- SEC proposes online manager disclosures. Halonen, Doug // Pensions & Investments;2/18/2008, Vol. 36 Issue 4, p4
The article reports that the U.S. Securities & Exchange Commission (SEC) has proposed a rule requiring money managers to file electronically plain-English narratives of their business practices and conflicts. The proposed rule is intended to provide investors immediate Internet access to...