...Act] or of any rule or regulation thereunder, if and to the extent that such exemption is necessary or appropriate in the public Interest and consistent with the protection of Investors and the purposes fairly intended by the policy and provisions of [the Act] .* -3Acti and (B) that, In conformity...

...transaction from any or all provisions of the Investment Company Act if the exemption is "necessary or appropriate in the public interest and consistent with the protection of investors and the purposes fairly intended by the policy and provisions" of the Act. V The statute requires that...

...interest; (b) it must be consistent with the protection of investors; and (c) it must be consistent with the purposes fairly intended by the policy and provisions of the Investment Company Act. By limiting their securities offerings to private placements of high-grade commercial paper, by appointing...

...the Act or any rule or regulation under the Act. if and to the extent such exemption is necessary or appropriate in the public interest and consistent with the protection of investors and the purposes fairly intended by the policy and provisions of the Act. The Applicants state that under...

...transactions subject to any of the Act's requirements upon a finding that such exemption is necessary or appropriate in the public interest and consistent with the protection of investors . - 6 Expanded authority to exempt transactions and persons from provisions of the Act is desirable...

...title or of any rule or regulation thereunder, if and to the extent that such exemption is necessary or appropriate in the public interest and consistent with the protection of investors and the purposes fairly intended by the policy and provisions of this title. We note that Congress with...

...broad authority to grant exemptions from provisions of the Act when it finds that they are necessary or appropriate in the public interest and consistent with the protection of investors. 21X Over 450 registered investment companies employ a bank as adviser, subadviser, or administrator....

...broad authority to grant exemptions from provisions of the Act when it finds that they are necessary or appropriate in the public interest and consistent with the protection of investors. 217 Over 450 registered investment companies employ a bank as adviser, subadviser, or administrator....

...broad authority to grant exemptions from provisions of the Act when it finds that they are necessary or appropriate in the public interest and consistent with the protection of investors. 2jy Over 450 registered investment companies employ a bank as adviser, subadviser, or administrator....

...title or of any rule or regulation thereunder, if and to the extent that such exemption is necessary or appropriate in the public interest and consistent with the protection of investors and the purposes fairly intended by the policy and provisions of this title. 50-998 0-92-4 19 included...