Investment Company Act Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
VPC | A | Virtus Private Credit Strategy ETF | -0.13 | |
BCSF | C | Bain Capital Specialty Finance, Inc. | 0.57 | |
IAU | C | ishares Gold Trust | 0.63 | |
PTMN | D | Portman Ridge Finance Corporation | 1.29 |
Related Industries: Asset Management
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
MAMB | D | Monarch Ambassador Income ETF | 11.81 | |
LALT | B | First Trust Multi-Strategy Alternative ETF | 7.75 | |
DVDN | D | Kingsbarn Dividend Opportunity ETF | 4.76 | |
PBDC | A | Putnam BDC Income ETF | 4.21 | |
VPC | A | Virtus Private Credit Strategy ETF | 2.47 |
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- Investment Company Act
The Investment Company Act of 1940 is an act of Congress which regulates investment funds. It was passed as a United States Public Law (Pub.L. 76–768) on August 22, 1940, and is codified at 15 U.S.C. §§ 80a-1–80a-64. Along with the Securities Exchange Act of 1934 and Investment Advisers Act of 1940, and extensive rules issued by the Securities and Exchange Commission, it forms the backbone of United States financial regulation. It has been updated by the Dodd-Frank Act of 2010. Often referenced as the Investment Company Act, the 1940 Act or simply the '40 Act, it is the primary source of regulation for mutual funds and closed-end funds, an investment industry now in the many trillions of dollars. In addition, the '40 Act impacts the operations of hedge funds, private equity funds and even holding companies.
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