Startup Terms Glossary
What is the Investment Company Act of 1940?
The Investment Company Act of 1940 is a law that regulates the organization of investment startups and the activities that they participate in. The Investment Company Act of 1940 is also known for setting standards for investment company industries.
Investment Company Act of 1940 Examples
Some key points of Investment Company Act of 190 include:
- Example 1. The Act was signed into law by the President Franklin D. Roosevelt in 1940.
- Example 2. The purpose of the act was to bring about protection to the investors.
- Example 3. The Act has gone through a variety of changes over time as financial markets have changed and become more complicated and complex.
This page has discusses the Investment Company Act of 1940.
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