Investment Company Act of 1940
This law sets the rules for companies that make and sell mutual funds to the public. If you own a mutual fund, the people who sold you that fund have to obey this legislation, which is enforced by the SEC.
This law sets the rules for companies that make and sell mutual funds to the public. If you own a mutual fund, the people who sold you that fund have to obey this legislation, which is enforced by the SEC.