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SUBCHAPTER I— INVESTMENT COMPANIES
§ 80a–1. Findings and declaration of policy - (a) FindingsUpon the basis of facts disclosed by the record...
§ 80a–2. Definitions; applicability; rulemaking considerations - (a) DefinitionsWhen used in this subchapter, unless the context otherwise...
§ 80a–3. Definition of investment company - (a) Definitions(1) When used in this subchapter, “investment company” means...
§ 80a–3a. Protection of philanthropy under State law - (a) Registration requirementsA security issued by or any interest or...
§ 80a–4. Classification of investment companies - (1) “Face-amount certificate company” means an investment company which is...
§ 80a–5. Subclassification of management companies - (a) Open-end and closed-end companiesFor the purposes of this subchapter,...
§ 80a–6. Exemptions - (a) Exemption of specified investment companiesThe following investment companies are...
§ 80a–7. Transactions by unregistered investment companies - (a) Prohibition of transactions in interstate commerce by companiesNo investment...
§ 80a–8. Registration of investment companies - (a) Notification of registration; effective date of registrationAny investment company...
§ 80a–9. Ineligibility of certain affiliated persons and underwriters - (a) Persons deemed ineligible for service with investment companies, etc.;...
§ 80a–10. Affiliations or interest of directors, officers, and employees - (a) Interested persons of company who may serve on board...
§ 80a–11. Offers to exchange securities - (a) Approval by Commission for exchanges of securities on basis...
§ 80a–12. Functions and activities of investment companies - (a) Purchase of securities on margin; joint trading accounts; short...
§ 80a–13. Changes in investment policy - (a) Prohibited actions for registered investment companiesNo registered investment company...
§ 80a–14. Size of investment companies - (a) Public offeringsNo registered investment company organized after August 22,...
§ 80a–15. Contracts of advisers and underwriters - (a) Written contract to serve or act as investment adviser;...
§ 80a–16. Board of directors - (a) Election of directorsNo person shall serve as a director...
§ 80a–17. Transactions of certain affiliated persons and underwriters - (a) Prohibited transactionsIt shall be unlawful for any affiliated person...
§ 80a–18. Capital structure of investment companies - (a) Qualifications on issuance of senior securitiesIt shall be unlawful...
§ 80a–19. Payments or distributions - (a) Dividends; restriction; exceptionIt shall be unlawful for any registered...
§ 80a–20. Proxies; voting trusts; circular ownership - (a) Prohibition on use of means of interstate commerce for...
§ 80a–21. Loans by management companies - (a) the investment policies of such registered company, as recited...
§ 80a–22. Distribution, redemption, and repurchase of securities; regulations by securities associations - (a) Rules relating to minimum and maximum prices for purchase...
§ 80a–23. Closed-end companies - (a) Issuance of securitiesNo registered closed-end company shall issue any...
§ 80a–24. Registration of securities under Securities Act of 1933 - (a) Registration statement; contentsIn registering under the Securities Act of...
§ 80a–25. Reorganization plans; reports by Commission - (a) Filing of reorganization plan and other information with CommissionAny...
§ 80a–26. Unit investment trusts - (a) Custody and sale of securitiesNo principal underwriter for or...
§ 80a–27. Periodic payment plans - (a) Sale of certificates; restrictionsIt shall be unlawful for any...
§ 80a–28. Face-amount certificate companies - (a) Issuance or sale of certificatesIt shall be unlawful for...
§ 80a–29. Reports and financial statements of investment companies and affiliated persons - (a) Annual report by companyEvery registered investment company shall file...
§ 80a–30. Accounts and records - (a) Maintenance of records(1) In generalEach registered investment company, and...
§ 80a–31. Accountants and auditors - (a) Selection of accountantIt shall be unlawful for any registered...
§ 80a–32. Filing of documents with Commission in civil actions -
§ 80a–33. Destruction and falsification of reports and records - (a) Willful destructionIt shall be unlawful for any person, except...
§ 80a–34. Unlawful representations and names - (a) Misrepresentation of guarantees(1) In generalIt shall be unlawful for...
§ 80a–35. Breach of fiduciary duty - (a) Civil actions by Commission; jurisdiction; allegations; injunctive or other...
§ 80a–36. Larceny and embezzlement - Whoever steals, unlawfully abstracts, unlawfully and willfully converts to his...
§ 80a–37. Rules, regulations, and orders - (a) Powers of CommissionThe Commission shall have authority from time...
§ 80a–38. Procedure for issuance of rules and regulations - Subject to the provisions of chapter 15 of title 44...
§ 80a–39. Procedure for issuance of orders - (a) Notice and hearingOrders of the Commission under this subchapter...
§ 80a–40. Hearings by Commission - Hearings may be public and may be held before the...
§ 80a–41. Enforcement of subchapter - (a) InvestigationThe Commission may make such investigations as it deems...
§ 80a–42. Court review of orders - (a) Any person or party aggrieved by an order issued...
§ 80a–43. Jurisdiction of offenses and suits - The district courts of the United States and the United...
§ 80a–44. Disclosure of information filed with Commission; copies - (a) The information contained in any registration statement, application, report,...
§ 80a–45. Reports by Commission; hiring and leasing authority - (a) Omitted (b) Hiring and leasing authorityThe provisions of section...
§ 80a–46. Validity of contracts - (a) Waiver of compliance as voidAny condition, stipulation, or provision...
§ 80a–47. Liability of controlling persons; preventing compliance with subchapter - (a) ProcurementIt shall be unlawful for any person, directly or...
§ 80a–48. Penalties - Any person who willfully violates any provision of this subchapter...
§ 80a–49. Construction with other laws - Except where specific provision is made to the contrary, nothing...
§ 80a–50. Separability - If any provision of this subchapter or any provision incorporated...
§ 80a–51. Short title - This subchapter may be cited as the “Investment Company Act...
§ 80a–52. Effective date - The effective date of the provisions of this subchapter, so...
§ 80a–53. Election to be regulated as business development company - (a) EligibilityAny company defined in section 80a–2(a)(48)(A) and (B) of...
§ 80a–54. Acquisition of assets by business development companies - (a) Permissible assets; percentageIt shall be unlawful for a business...
§ 80a–55. Qualifications of directors - (a) Non-interested personsA majority of a business development company’s directors...
§ 80a–56. Transactions with certain affiliates - (a) Transactions involving controlling or closely affiliated personsIt shall be...
§ 80a–57. Changes in investment policy - No business development company shall, unless authorized by the vote...
§ 80a–58. Incorporation of subchapter provisions - Notwithstanding the exemption set forth in , sections 80a–1, 80a–2,...
§ 80a–59. Functions and activities of business development companies - Notwithstanding the exemption set forth in , shall apply to...
§ 80a–60. Capital structure - (a) Exceptions for business development companyNotwithstanding the exemption set forth...
§ 80a–61. Loans - (1) any loan to a director, officer, or employee of,...
§ 80a–62. Distribution and repurchase of securities - (1) The prohibitions of section 80a–23(a)(2) of this title shall...
§ 80a–63. Accounts and records - (a) Exception for business development companyNotwithstanding the exemption set forth...
§ 80a–64. Preventing compliance with subchapter; liability of controlling persons - Notwithstanding the exemption set forth in , shall apply to...
SUBCHAPTER II— INVESTMENT ADVISERS
§ 80b–1. Findings - (1) their advice, counsel, publications, writings, analyses, and reports are...
§ 80b–2. Definitions - (a) In generalWhen used in this subchapter, unless the context...
§ 80b–3. Registration of investment advisers - (a) Necessity of registrationExcept as provided in subsection (b) and...
§ 80b–3a. State and Federal responsibilities - (a) Advisers subject to State authorities(1) In generalNo investment adviser...
§ 80b–4. Reports by investment advisers - (a) In generalEvery investment adviser who makes use of the...
§ 80b–4a. Prevention of misuse of nonpublic information - Every investment adviser subject to shall establish, maintain, and enforce...
§ 80b–5. Investment advisory contracts - (a) Compensation, assignment, and partnership-membership provisionsNo investment adviser registered or...
§ 80b–6. Prohibited transactions by investment advisers - (1) to employ any device, scheme, or artifice to defraud...
§ 80b–6a. Exemptions - The Commission, by rules and regulations, upon its own motion,...
§ 80b–7. Material misstatements - It shall be unlawful for any person willfully to make...
§ 80b–8. General prohibitions - (a) Representations of sponsorship by United States or agency thereofIt...
§ 80b–9. Enforcement of subchapter - (a) InvestigationWhenever it shall appear to the Commission, either upon...
§ 80b–10. Disclosure of information by Commission - (a) Information available to publicThe information contained in any registration...
§ 80b–10a. Consultation - (a) Examination results and other information(1) The appropriate Federal banking...
§ 80b–11. Rules, regulations, and orders of Commission - (a) Power of CommissionThe Commission shall have authority from time...
§ 80b–12. Hearings - Hearings may be public and may be held before the...
§ 80b–13. Court review of orders - (a) Petition; jurisdiction; findings of Commission; additional evidence; finalityAny person...
§ 80b–14. Jurisdiction of offenses and suits - (a) In generalThe district courts of the United States and...
§ 80b–15. Validity of contracts - (a) Waiver of compliance as voidAny condition, stipulation, or provision...
§ 80b–16. Omitted -
§ 80b–17. Penalties - Any person who willfully violates any provision of this subchapter,...
§ 80b–18. Hiring and leasing authority of Commission - (1) to appoint and fix the compensation of such other...
§ 80b–18a. State regulation of investment advisers - (a) Jurisdiction of State regulatorsNothing in this subchapter shall affect...
§ 80b–18b. Custody of client accounts - An investment adviser registered under this subchapter shall take such...
§ 80b–18c. Rule of construction relating to the Commodities Exchange Act - Nothing in this subchapter shall relieve any person of any...
§ 80b–19. Separability - If any provision of this subchapter or the application of...
§ 80b–20. Short title - This subchapter may be cited as the “Investment Advisers Act...
§ 80b–21. Effective date - This subchapter shall become effective on .