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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Investment Advisers Act  

Definition 1.

1941 Congressional law requiring all investment advisers to register with the SEC, designed to protect investors from fraud and misrepresentation.
 

Definition 2.

Legislation passed in 1940 requiring financial advisers to register with the Securities and Exchange Commission. The measure was enacted to protect the public from fraud or misrepresentation by investment advisers.
 
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