It shall be unlawful for any registered investment company to adopt as a part of the name or title of such company, or of any securities of which it is the issuer, any word or words that the Commissioner finds are materially deceptive or misleading. The Commissioner is authorized, by regulation or order, to define such names or titles as are materially misleading.
History —July 30, 2013, No. 93, § 35, eff. 120 days after July 30, 2013.