Forex trading system – INVESTMENT COMPANY The Investment Company Act of 1940 defines an investment company as an issuer that is, proposes to be, or holds itself out as being engaged:

1.Primarily in the business of investing, reinvesting, or trading in securities- 2.In the business of issuing face-amount certificates of the installment type or having any such certificates outstanding. 3.In the business of investing, reinvesting, owning or hold ing, or trading in securities, and which owns, or proposes to acquire, investment securities (with the exception of govern ment securities or securities of non-investment-company ma jority-owned subsidiaries) having a market value exceeding 40 per cent of the value of its total assets. CLASSIFICATION OF INVESTMENT COMPANIES The Investment Company Act classifies investment companies into the following groups: 1.Face-amount certificate company: These companies sell certificates that are contracts between the issuing
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[tags]Forex Currency Trading[/tags]