http://fundontology.com/fr/rule/Rules_Investment_Adviser_Act.ttl#Exempted_Ex_USC_s80b_3_b_2_Insurance_clients
Class fr-rule-iaa:Exempted_Ex_USC_s80b_3_b_2_Insurance_clients

owl:Class

A simplification for the Fund Regulation Prototype and the limited sample data. We don't examine the type of contract and whether the adviser has contracts with non-insurers.

Exempted ex. USC § 80b–3 (b) (2) - Insurance clients only

fr-rule-iaa:ExemptingCondition

jc-core:considered_by value fr-rule-iaa:FR_Exempted_USC_s80b_3_b_2_Insurance_clients

fr-fin-ref:InvestmentAdviser and (fro-fin-ref:isPrincipal some (fibo-fnd-agr-ctr:Contract and (fibo-fnd-agr-ctr:hasContractParty some fibo-fbc-fct-fse:InsuranceCompany)))

An equivalent class for FIBO Functional Business Entities that are exempted from Securities & Exchange Commission registration under U.S. Code § 80b–3 (b) (3) : “any investment adviser whose only clients are insurance companies; ". The equivalent class simply consits of all FIBO Investment Advisers that are principal to contracts with Insurance Companies. Inferred members are considered by the exclusion rule, which applies the exclusion status.