http://fundontology.com/fr/rule/Rules_Investment_Adviser_Act.ttl#Exempted_Ex_USC_s80b_3_b_4_A_charitable_client
Class fr-rule-iaa:Exempted_Ex_USC_s80b_3_b_4_A_charitable_client

owl:Class

As a simplification for the Fund Regulation Prototype and the limited sample data, we assume the client in the FIBO Service agreement is tagged as a charity (foundation). This can be expanded to examine the full definition of trustee, director, officer etc.

Exempted ex. USC § 80b–3 (b) (4) (A) - Charitable clients

fr-rule-iaa:ExemptingCondition

jc-core:considered_by value fr-rule-iaa:FR_Exempted_USC_s80b_3_b_4_A_Charitable_client

fr-fin-ref:InvestmentAdviser and (fro-fin-ref:isPrincipal some (fibo-fnd-pas-pas:ServiceAgreement and (fibo-fnd-agr-ctr:hasContractParty some fro-fin-ref:Foundation)))

An defined class for FIBO Functional Business Entities that are exempted from Securities & Exchange Commission registration under U.S. Code § 80b–3 (b) (4) : “any investment adviser that is a charitable organization, as defined in section 3(c)(10)(D) of the Investment Company Act...". (A) any such charitable organization; The equivalent class simply consits of all FIBO Investment Advisers that are principal to contracts with Foundations. Inferred members are considered by the exclusion rule, which applies the exclusion status.