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Tag: Investment Company Act of 1940

A phoenix rises from a pile of ashes with the Investment Company Act of 1940 inscription, illustrating investor protection and market recovery

Understanding the Investment Company Act of 1940: Regulation and Protection for Investors

January 12, 2025 FinanceFacts101 Business Finance

The Need for the Investment Company Act of 1940 Following the devastating stock market crash in 1929 and the subsequent Great Depression, President Franklin D. Roosevelt took action to protect investors from such future turmoil by signing into law the Investment Company Act of 1940 on August 22nd. This landmark

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