Assertion: fund's investment adviser | /r/HasProperty | registered
Facets:
Source sentences:
text: Not to be confused with a financial adviser, investment advisers are registered with and regulated by the Securities and Exchange Commission (SEC) and or a state regulatory body.
text: Prior to the passage of the Dodd-Frank Act, Section 203(b)(6) of the Advisers Act excluded from the registration requirement in Section 203(a) of the Advisers Act any investment adviser registered with the CFTC as a commodity trading advisor whose business did not consist primarily of acting as an investment adviser, as defined in Section 202(a)(11) of the Advisers Act, and who did not act as an investment adviser to an investment company registered under the Investment Company Act of 1940 ("Registered Fund") or a business development company ("BDC").