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

owl:Class

For the Investment Adviser Act the Legal Conditions conclude on registration Definition, Exclusion, Exemption and Prohibition. In general a Defined Investment Adviser must register with the Securities and Exchange Commission, unless the adviser is excluded, exempted to prohibited. The SEC website provides a good overview: General Information on the Regulation of Investment Advisers (rdfs:seeAlso)

Legal Status Expression: Defined as Service

https://www.sec.gov/divisions/investment/iaregulation/memoia.htm

owl:Thing

http://www.estrellaproject.org/lkif-core/norm.owl#Normatively_Qualified

http://www.estrellaproject.org/lkif-core/norm.owl#Normatively_Qualified

The Legal Condition is an equivalent class that evaluates Legal Status. The Legal Status codes are set as a result of Financial Conditions and rules. If the legal condition is fulfilled, it will be considered by a Legal Rule, which in turn applies a Legal Consequence.