Code of Federal Regulations · Section
§ 270.2a19-3 — a19-3 Certain Investment Company Directors Not Considered Interested Persons Because Of Ownership Of Index Fund Securities
17 C.F.R. § 270.2a19-3
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If a director of a registered investment company (“Fund”) owns shares of a registered investment company (including the Fund) with an investment objective to replicate the performance of one or more broad-based securities indices (“Index Fund”), ownership of the Index Fund shares will not cause the director to be considered an “interested person” of the Fund or of the Fund's investment adviser or principal underwriter (as defined by section 2(a)(19)(A)(iii) and (B)(iii) of the Act (15 U.S.C. 80a-2(a)(19)(A)(iii) and (B)(iii)).
Authorizing Statute
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Registration of securities15 U.S.C. § 77f
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Failure of corporate officers to certify financial reports18 U.S.C. § 1350
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Definitions and application15 U.S.C. § 78c
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Special powers of Commission15 U.S.C. § 77s
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Periodical and other reports15 U.S.C. § 78m