🇺🇸 Live Securities & Capital Markets

Investment Advisers Act (17 CFR 275)

Regulates the registration, conduct, and fiduciary obligations of investment advisers, including recordkeeping, disclosure, and custody requirements. Applies to persons or firms that provide investment advice for compensation.

Rules extracted

784

Obligations decomposed

20.1x

Avg obligations per rule

🇺🇸 United States

Jurisdiction

What AuditDSS covers

Source

Regulation

Extracted

Rules

Decomposed

784

Obligations

20.1x

Decomposition ratio

Each rule is decomposed into an average of 20.1 atomic obligations — the smallest testable units that can be independently violated.

Fully extracted & scored

All 784 obligations have been decomposed, titled, risk-scored, and embedded for semantic matching.

Risk scoring

Every obligation in Investment Advisers Act is scored across independent risk dimensions:

Obligation Weight

How critical within the regulatory framework

Violation Likelihood

How often breached in practice

Enforcement Evidence

Regulator enforcement history and penalties

Cascade Dependency

How many obligations depend on this one

Regulatory details

Full title: Investment Advisers Act (17 CFR 275)
Regulatory body: Securities and Exchange Commission
Jurisdiction: 🇺🇸 United States
Document type: regulation
Effective date: November 1, 1940
Industry: Securities & Capital Markets

Who this applies to

registered investment advisersexempt reporting advisersprivate fund advisers

Key requirements

registration and reporting
fiduciary duty
compliance program
custody rule
advertising and marketing rules
code of ethics
books and records

Frequently asked questions about Investment Advisers Act

What is Investment Advisers Act?

Who does Investment Advisers Act apply to?

Investment Advisers Act applies to registered investment advisers, exempt reporting advisers, private fund advisers.

How many obligations does Investment Advisers Act contain?

AuditDSS has decomposed Investment Advisers Act into 784 atomic obligations from 39 rules. Each obligation is independently testable and risk-scored.

What are the key requirements of Investment Advisers Act?

The key requirements include: registration and reporting, fiduciary duty, compliance program, custody rule, advertising and marketing rules, code of ethics, books and records.

How can I assess my Investment Advisers Act compliance?

Upload your compliance policy to AuditDSS. The platform maps your document against all 784 Investment Advisers Act obligations using deterministic AI scoring — not checklists or LLM summaries. You get a risk-scored gap analysis showing exactly which obligations are covered, partially covered, or missing.

Which jurisdiction enforces Investment Advisers Act?

Investment Advisers Act is enforced in United States by Securities and Exchange Commission.

When did Investment Advisers Act come into effect?

Investment Advisers Act became effective on November 1, 1940.

What industry does Investment Advisers Act apply to?

Investment Advisers Act is primarily relevant to the Securities & Capital Markets industry. AuditDSS covers 98 regulations in this industry sector.

Build a Investment Advisers Act compliance pack

Don't have a compliance policy yet? AuditDSS generates a complete compliance pack for Investment Advisers Act — alone or combined with other regulations your business needs. Every clause is mapped to specific obligations.

Policy

High-level commitments and governance framework covering Investment Advisers Act requirements.

Procedures

Step-by-step operational procedures to implement each policy commitment.

Forms & checklists

Ready-to-use forms, registers, and checklists for day-to-day compliance operations.

Multi-regulation

Combine Investment Advisers Act with other regulations into a single unified compliance pack for your business.

Build Investment Advisers Act compliance pack

Already have a policy? Assess it against Investment Advisers Act

Upload your document

Upload your compliance policy, program manual, or operational document. AuditDSS accepts any text-based document.

AI maps against 784 obligations

Your document is scored against every obligation in Investment Advisers Act. Each claim is mapped to the obligation tree and evaluated for coverage.

Risk-scored gap report

Receive every gap ranked by risk priority with remediation guidance, enforcement evidence, and cascade impact analysis.