Investor Definitions

Self-Regulatory Organization or SRO – SEC Filing Term

Any national securities or commodities exchange, registered securities association, or registered clearing agency. For example, the Chicago Board of Trade…

5 years ago

Relying Adviser – SEC Filing Term

An investment adviser eligible to register with the SEC that relies on a filing adviser to file (and amend) a…

5 years ago

Related Person – SEC Filing Term

Any advisory affiliate and any person that is under common control with your firm. [Used in: Part 1A, Items 7,…

5 years ago

Qualified Client – SEC Filing Term

A client that satisfies the definition of qualified client in SEC rule 205-3. [Used in: General Instructions; Part 1A, Schedule…

5 years ago

Proceeding – SEC Filing Term

This term includes a formal administrative or civil action initiated by a governmental agency, self-regulatory organization or foreign financial regulatory…

5 years ago

Private Fund – SEC Filing Term

An issuer that would be an investment company as defined in section 3 of the Investment Company Act of 1940…

5 years ago

Principal Office and Place of Business – SEC Filing Term

Your firm’s executive office from which your firm’s officers, partners, or managers direct, control, and coordinate the activities of your…

5 years ago

Person – SEC Filing Term

A natural person (an individual) or a company. A company includes any partnership, corporation, trust, limited liability company (“LLC”), limited…

5 years ago

Performance-Based Fee – SEC Filing Term

An investment advisory fee based on a share of capital gains on, or capital appreciation of, client assets. A fee…

5 years ago

Parallel Managed Account – SEC Filing Term

With respect to any registered investment company or series thereof or business development company, a parallel managed account is any…

5 years ago