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: support the SEC in its mission to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.
Learn more about the Division of Investment Management
Laws and Rules
- Frequently Asked Questions on IM Guidance Update 2016-06 (Mutual Fund Fee Structures)
- Private Funds Statistics (2016 Q2)
- Staff Letter (No-Action relief under Rule 486(b) of the Securities Act of 1933)
- Staff Letter (Interpretive letter under Rule 12d1-2 of the Investment Company Act of 1940 - Fund of Funds)
- Money Market Fund Statistics, December 2016