Laws

In 1933 in the aftermath of the Great Depression and its widespread bank failures, Congress enacted the Banking Act of 1933. Four sections of the Banking Act of 1933 are ... [full story]

Congress enacted the Investment Advisers Act of 1940 (“Advisers Act”) in conjunction with the Investment Company Act of 1940. The Advisers Act requires the registration of certain investment advisers with ... [full story]

The Investment Company Act of 1940 (“1940 Act”) regulates companies, that engage primarily in investing in securities of other companies.  A mutual fund, one type of investment company, is a ... [full story]

The Securities Exchange Act of 1934 (the “1934 Act”) extended federal regulation to trading in securities, which are already issued and outstanding. The 1934 Act is a more comprehensive statute ... [full story]