Regulatory Text
12 C.F.R. § 150.40 — When do I have investment discretion?
§ 150.40 When do I have investment discretion? (a) General. You have investment discretion when you have, with respect to a fiduciary account, the sole or shared authority to determine what securities or other assets to purchase or sell on behalf of that account. It does not matter whether you have exercised this authority. (b) Delegations. You retain investment discretion if you delegate investment discretion to another. You also have investment discretion if you receive delegated authority to exercise investment discretion from another.
Source: ecfr.gov · govinfo.gov — public domain
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Root-LD Entity Data
◈ Machine-Readable Provenance Record
Root-LD v1.0 · boisestandard.org
Federation ID
BS-CFR12-SEC-5DBFD6
Entity Class
REGULATION / FEDERAL-CFR-SECTION
Domain Signature
boisestandard.org
Citation
12 C.F.R. § 150.40
Corpus
CFR — Code of Federal Regulations
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
f6a8e558d55e6ce6...
Semantic Edges
Pending — corpus passes queued
The regulatory text of 12 C.F.R. § 150.40 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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Title 12 — Banks and Banking
12 C.F.R. § 1.112 C.F.R. § 1.212 C.F.R. § 1.312 C.F.R. § 1.412 C.F.R. § 1.512 C.F.R. § 1.612 C.F.R. § 1.712 C.F.R. § 1.812 C.F.R. § 1.10012 C.F.R. § 1.11012 C.F.R. § 1.12012 C.F.R. § 1.13012 C.F.R. § 2.112 C.F.R. § 2.212 C.F.R. § 2.312 C.F.R. § 2.412 C.F.R. § 2.512 C.F.R. § 3.112 C.F.R. § 3.212 C.F.R. § 3.312 C.F.R. § 3.4.3.912 C.F.R. § 3.1012 C.F.R. § 3.1112 C.F.R. § 3.1212 C.F.R. § 3.13.3.1912 C.F.R. § 3.2012 C.F.R. § 3.2112 C.F.R. § 3.2212 C.F.R. § 3.23.3.2912 C.F.R. § 3.30
12 C.F.R. — public domain
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