The Division of Investment Management regulates investment companies, variable insurance products, and federally registered investment advisers. Types of investment companies include mutual funds, closed-end funds, unit investment trusts, and exchange-traded funds.
The Division of Investment Management works to:
- Protect investors
- Promote informed investment decisions
- Facilitate appropriate innovation in investment products and services through regulating the asset management industry.
Learn more about the Division of Investment Management
Laws and Rules
- Staff letter (No-action relief under 203(a) of the Investment Advisers Act of 1940)
- Staff letter (No-action relief under rule 206(4)-3 under the Investment Advisers Act of 1940)
- Staff letter (authorization under Rule 3-13 of Regulation S-X)
- Money Market Fund Statistics, October 2016
- IM Guidance Update (Staff Guidance Concerning Investment Adviser Reliance on Predecessor Registrations)
- Dave Grim Speech (remarks to the ALI CLE 2016 Conference on Life Insurance Products)