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'This practice area refers to the Investment Company Act of 1940, amended as ICA. This legislation, created in response to the stock market crash of 1929, defines the responsibilities and limitations put in place on mutual funds, unit investment trusts and closed-end funds offered by financial institutions to the public. The ICA is used to stabilize financial markets, and is regulated by the Security and Exchange Commission. This act also sets out limits regarding filings and service charges, financial disclosure and fiduciary duties of fund companies. Here are a few sample corporate investment company act attorney job descriptions: Corporate Associate, (’34 Act) The candidate should have 3-4 years of experience. Securities – 1940 Act Associate The candidate must be an experienced 1940 Act Attorney with strong experience involving investment funds and registered investment advisers, to complement the firm’s securities litigation and regulatory defense practice. Securities Attorney, 1940 Act The candidate must have strong experience involving investment funds and registered investment advisers, to complement the firm’s securities litigation and regulatory defense practice. Book of business is a must. Associate Investment, Advisors Act The candidate will work on Investment Advisor Act and fund formation matters for hedge fund and private equity clients. Should have 3-7 years of experience.'
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