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
Information and Guidance
Topical Reference Guide
This Topical Reference Guide is designed to assist the public in searching for information regarding topics on which staff guidance is frequently sought. The reference guide is not an exhaustive list of all Commission action, staff guidance or other related resources on a topic and does not represent all of the relevant provisions of the Investment Company Act of 1940, the Investment Advisers Act of 1940 or of other federal securities laws applicable to investment companies and investment advisers.
Check back frequently for new additions to the Topical Reference Guide.
Notices and Orders
This Litigation Information Section is designed to assist the public in searching for information regarding frequently occurring litigation topics. The section is not an exhaustive list of all Commission enforcement actions relating to investment companies and investment advisers.
Check back frequently for new additions to the Litigation Information Section.
- Norm Champ Speech (Remarks to the Practising Law Institute, Hedge Fund Management Seminar 2014)
- Staff Letter (No-action relief under Section 205(a)(1) of the Investment Advisers Act of 1940)
- Commission Proposes Two-Year Extension of Sunset Date for Advisers Act Rule 206(3)-3T
- Staff Letter (No-action relief under rule 206(4)-3 under the Investment Advisers Act of 1940)
- Staff Letter (No-action relief under Section 15(a) of the Investment Company Act of 1940)