Title 15
This is not an official government website.
Copyright © 2026 PLEJ LC. All rights reserved.
Title 15
Title 15
INVESTMENT COMPANIES AND ADVISERS
Move through the sections below while keeping the rest of the chapter close at hand in the explorer.
Title 15
92
Use the list below to move through the chapter quickly and jump into the specific section you want to read.
92 sections loaded in this panel.
Findings and declaration of policy
Definitions; applicability; rulemaking considerations
Definition of investment company
Protection of philanthropy under State law
Classification of investment companies
Subclassification of management companies
Exemptions
Transactions by unregistered investment companies
Registration of investment companies
Ineligibility of certain affiliated persons and underwriters
Affiliations or interest of directors, officers, and employees
Offers to exchange securities
Functions and activities of investment companies
Changes in investment policy
Size of investment companies
Contracts of advisers and underwriters
Board of directors
Transactions of certain affiliated persons and underwriters
Capital structure of investment companies
Payments or distributions
Proxies; voting trusts; circular ownership
Loans by management companies
Distribution, redemption, and repurchase of securities; regulations by securities associations
Closed-end companies
Registration of securities under Securities Act of 1933
Reorganization plans; reports by Commission
Unit investment trusts
Periodic payment plans
Face-amount certificate companies
Reports and financial statements of investment companies and affiliated persons
Accounts and records
Accountants and auditors
Filing of documents with Commission in civil actions
Destruction and falsification of reports and records
Unlawful representations and names
Breach of fiduciary duty
Larceny and embezzlement
Rules, regulations, and orders
Procedure for issuance of rules and regulations
Procedure for issuance of orders
Hearings by Commission
Enforcement of subchapter
Court review of orders
Jurisdiction of offenses and suits
Disclosure of information filed with Commission; copies
Reports by Commission; hiring and leasing authority
Validity of contracts
Liability of controlling persons; preventing compliance with subchapter
Penalties
Construction with other laws
Separability
Short title
Effective date
Election to be regulated as business development company
Acquisition of assets by business development companies
Qualifications of directors
Transactions with certain affiliates
Changes in investment policy
Incorporation of subchapter provisions
Functions and activities of business development companies
Capital structure
Loans
Distribution and repurchase of securities
Accounts and records
Preventing compliance with subchapter; liability of controlling persons
Findings
Definitions
Registration of investment advisers
State and Federal responsibilities
Reports by investment advisers
Prevention of misuse of nonpublic information
Investment advisory contracts
Prohibited transactions by investment advisers
Exemptions
Material misstatements
General prohibitions
Enforcement of subchapter
Disclosure of information by Commission
Consultation
Rules, regulations, and orders of Commission
Hearings
Court review of orders
Jurisdiction of offenses and suits
Validity of contracts
Penalties
Hiring and leasing authority of Commission
State regulation of investment advisers
Custody of client accounts
Rule of construction relating to the Commodities Exchange Act
Separability
Short title
Effective date