Investment Advisors Disclosure and Enforcement Act of 1990

[AI summary unavailable — showing source text] Investment Advisors Disclosure and Enforcement Act of 1990 - Amends the Investment Advisers Act of 1940 to subject registered investment advisers (and persons controlling such advisers) to liability to persons injured by such advisers' violations of such Act. Prescribes prohibited practices regarding securities recommendations and sets forth disclosure requirements regarding conflicts of interests for investment advisers. Expands the definition of investment planners and related businesses. Authorizes the Securities and Exchange Commission to assess civil penalties and to seek court actions to enforce them.…