Author: Robert A. RobertsonPublisher: Law Journal Press
ISBN: 9781588521026
Category : Investment advisors
Languages : en
Pages : 906
Book Description
Fund Governance: Legal Duties of Investment Company Directors
Author: Robert A. RobertsonPublisher: Law Journal Press
ISBN: 9781588521026
Category : Investment advisors
Languages : en
Pages : 906
Book Description
The Investment Company Director
Author: David M. ButowskyPublisher:
ISBN:
Category : Directors of corporations
Languages : en
Pages : 396
Book Description
When is a Mutual Fund Director Independent? The Unexplored Role of Professional Relationships Under Section 2(A)(19) of the Investment Company Act
Author: Larry D. BarnettPublisher:
ISBN:
Category :
Languages : en
Pages : 34
Book Description
An investment company that must register with the Securities and Exchange Commission is required by the Investment Company Act to have a specified percentage or number of directors who are not quot;interestedquot; in the company. To be not interested (i.e., to be independent), a director of an investment company is barred by section 2(a)(19) of the Act from inter alia having had, during the last two completed fiscal years of the company, a material business relationship or a material professional relationship with specified parties. The Commission, in interpreting section 2(a)(19), has not clearly distinguished the two types of relationships and has not focused on professional relationships apart from business relationships. The article contends that this is contrary to the intent of Congress. Accordingly, the article (i) identifies both the elements of a business relationship and the elements of a professional relationship; and (ii) reviews three no-action letters in each of which the Commission staff could have found that a proposed arrangement would have created a professional relationship for an investment company director.
General Rules and Regulations Under the Investment Company Act of 1940
Author: United States. Securities and Exchange CommissionPublisher:
ISBN:
Category : Investments
Languages : en
Pages : 56
Book Description
General Rules and Regulations Under the Investment Company Act of 1940 as in Effect May 10, 1972
Author: United States. Securities and Exchange CommissionPublisher:
ISBN:
Category : Mutual funds
Languages : en
Pages : 96
Book Description
The Investment Company Act Amendments of 1995
Author: United States. Congress. House. Committee on Commerce. Subcommittee on Telecommunications and FinancePublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 96
Book Description
Fund Director's Guidebook
Author: Federal Regulation of Securities CommitteePublisher: American Bar Association
ISBN: 9781590315101
Category : Business & Economics
Languages : en
Pages : 144
Book Description
Written for directors of both open-end investment companies (typically referred to as mutual funds) and closed-end funds, this new Third Edition offers suggestions to assist directors in their roles and obligations. The new edition has been updated to reflect key legal developments that have emerged since the second edition appeared in 2003 including the impact of the Sarbanes-Oxley Act and initiatives undertaken by the SEC in response to the mutual funds scandals occurring in 2003 and 2004.
Investment Company Determination Under the 1940 Act
Author: Robert H. RosenblumPublisher: American Bar Association
ISBN: 9781590310458
Category : Mutual funds
Languages : en
Pages : 980
Book Description
General Rules and Regulations Under the Investment Company Act of 1940, as in Effect November 1, 1968
Author: United States. Securities and Exchange CommissionPublisher:
ISBN:
Category : Investments
Languages : en
Pages : 76
Book Description
Institutional Disclosure and Sales of Investment Company Advisers
Author: United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Commerce and FinancePublisher:
ISBN:
Category : Disclosure of information
Languages : en
Pages : 140
Book Description