Investment Adviser Regulation - A New Dual System



The National Securities Markets Improvement Act of 1996 (the "Act") has altered in some significant respects the nation's securities regulatory structure. A major change is the elimination by the Act of certain portions of the regulatory overlap between the states and the federal government.

This change is evident in Title III of the Act, which amends the Investment Advisers Act of 1940 (the "Investment Advisers Act").

LOADING PDF: If there are any problems, click here to download the file.

Published In: Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Joseph Kershenbaum, Salute Homecare LLC | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »


Joseph Kershenbaum
Salute Homecare LLC

Joseph Kershenbaum leads Salute Homecare’s finance and administration functions. Previously, he... View Profile »

Follow Salute Homecare LLC:

Reporters on Deadline