Assertion: fund's investment adviser | /r/CapableOf | register while adviser
Facets:
value: with less than $25 million
type: OTHER
Source sentences:
text: Prior to 2011, all investment advisers with $30 million or more assets under management (AUM) had to register with the U.S. Securities and Exchange Commission (SEC), while advisers with less than $25 million needed only to register with their state regulatory body.