SEC Issues Order Increasing The Net Worth Test Under Rule 205-3 Under The Investment Advisers Act Of 1940 To $2.1 Million

Authors :: Eisert, Edward G.
Source :: Mondaq Business Briefing. June 24, 2016
Publication Year :: 2016
Abstract: Section 205(a)(1) of the Investment Advisers Act of 1940 (the 'Advisers Act') generally prohibits an investment adviser from entering into, extending, renewing, or performing any investment advisory contract that provides [...]

Subjects :: Securities law -- Analysis
Financial services -- Laws, regulations and rules
Government regulation
Financial services industry
Business, international
Investment Advisers Act of 1940

Tools