MLchartDataset catalogue

Investment Company Act

Term · Law · MLC-T-LAW-002752

A federal statute enacted in 1940 that regulates the organization of companies, including mutual funds, that engage primarily in investing, reinvesting, and trading in securities. The Act requires investment companies to disclose their financial condition and investment policies to investors. It establishes a framework for the operation and oversight of these entities by the Securities and Exchange Commission.

Table 1. Record
IdentifierMLC-T-LAW-002752
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002752",
  "term": "Investment Company Act",
  "field": "Law",
  "definition": "A federal statute enacted in 1940 that regulates the organization of companies, including mutual funds, that engage primarily in investing, reinvesting, and trading in securities. The Act requires investment companies to disclose their financial condition and investment policies to investors. It establishes a framework for the operation and oversight of these entities by the Securities and Exchange Commission.",
  "url": "https://mlchart.com/terminology/law/investment-company-act/"
}

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