Assertion: fund | /r/HasProperty | a fund director
Facets:
Source sentences:
text: Section 17(d) and rule 17d-1 generally prohibit an affiliated person of an investment company (which includes a fund director) or an affiliated person of such person ("affiliate"), acting as principal, from participating in or effecting any transaction in connection with any joint enterprise or other joint arrangement or profit-sharing plan in which the investment company is also a participant, unless an application regarding the joint arrangement has been filed with and an order authorizing the transaction has been granted by the Commission.