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What are the Regulations and Disclosures?

April 26, 2017disclosures regulations

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What are the Regulations and Disclosures?

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Unit investment trusts are subject to stringent federal laws and oversight by the U.S. Securities and Exchange Commission (SEC). In addition to being regulated by the same federal securities laws as other publicly offered investments (under the Securities Act of 1933), UITs, like mutual funds and closed-end funds, are subject to the Investment Company Act of 1940. Click Here For More Detailed Information on UITs.