 | The federal
Investment Adviser's Act of 1940. This is the principal law
which regulates large financial advisers in the USA. Notably,
rule 204-3 under
the Investment Adviser's Act requires Part II of Form ADV (a disclosure
document) to be distributed to prospective clients and to be offered to
existing clients at least annually thereafter. In addition to meeting
that requirement, Altruist's Form ADV Part II is available to anybody who asks
at any time — we have nothing to hide. |
| Rule 3a-4
under the federal Investment Company Act of 1940. This rule
provides guidance for how an investment adviser can avoid being regulated as a
mutual fund. Technically, Altruist is generally not subject to this rule (or to
the Investment Company Act of 1940) because
we generally do not exercise discretionary authority to trade an account. However,
Altruist attempts to comply with this rule as though we were subject to it. |
| Rule 206(4)-6
under the federal
Investment Adviser's Act of 1940. This rule
requires investment advisers to to adopt policies and procedures reasonably
designed to ensure that the adviser votes proxies in the best interests of
clients, to disclose to clients information about those policies and
procedures, and to disclose to clients how they may obtain information on how
the adviser has voted their proxies.
Here is Altruist's Proxy Voting Policy. |
| Rule 206(4)-7
under the federal
Investment Adviser's Act of 1940. This rule
requires investment advisers to to adopt policies and procedures reasonably
designed to prevent violations of applicable federal rules and regulations.
Altruist complies with this requirement. |
| The federal Gramm-Leach-Bliley Act of 1999. The federal
(SEC) rules
implementing the privacy policy disclosures mandated by section 504(a) of the
federal Gramm-Leach-Bliley Act (Pub.L. 106-102) for federal covered Investment
Advisers are found in
17 CFR Part 248
(Regulation S-P). It requires that investment advisory companies
provide statements of their privacy policies to their clients both when they
become clients and on an annual basis.
Here is Altruist's Privacy Policy. |
|
The
ERISA Prudent Man Standard of Care. This is the closest there
is to a federal statutory prudent investor rule. It applies to
fiduciaries of qualified retirement plans. Altruist applies its
principals with respect to our
ALTRUIST®
Portfolio Management
Service clients. |
