Planning, 17
Ibid.
18
19
John P. Moriarty and Curtlan R. McNeily,
20
Investment Advisers Act of 1940 § 217.
21
Section 202(a)(11).
22
Section 202(a)(11)(A) through (F).
23
Section 203(b).
24
Investment Advisers Act Release No. IA-1092 (October 8, 1987).
25
Thomas P. Lemke and Gerald T. Lins,
26
Ibid., 1-4.
27
Investment Advisers Act Release No. IA-1092 (October 8, 1987).
28
Lemke and Lins, 1-6.
29
Ibid.
30
Eli P. Bernzweig,
31
Ibid.
32
Ibid., (citing
33
Ibid., 34.
34
Lemke and Lins, 1-8.
35
36
Mr. Alfred A. Zurl, 1995 SEC No-Action letter; and Mr. Hugh A. Hoffman, 1995 SEC No-Action letter.
37
Investment Advisers Act Release No. 1092 (October 8, 1987).
38
Ibid.
39
Bernzweig, 35.
40
Lemke and Lins, 1-9 (citing IA Release No. 471 (1975)).
41
Bernzweig, 36 (citing FPC Securities Corp., [1974- 75 Transfer Binder] Para. 80,072, CCH Federal Securities Law Reporter (September 9, 1974)).
42
The author is grateful to John McGovern, formerly of Nathan & Lewis Securities, for providing assistance with this section.
