Public Law 104-290
E1014597
Public Law 104-290 is a 1996 U.S. federal statute, known as the National Securities Markets Improvement Act (NSMIA), that reformed securities regulation by reallocating oversight between federal and state authorities.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Public Law 104-290 canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T12993423 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Public Law 104-290 Context triple: [NSMIA, publicLawNumber, Public Law 104-290]
-
A.
Public Law 104-191
Public Law 104-191 is the U.S. federal statute enacted in 1996 that established the Health Insurance Portability and Accountability Act (HIPAA), setting national standards for health insurance portability, privacy, and security of health information.
-
B.
Public Law 104-199
Public Law 104-199 is the formal designation of the U.S. Defense of Marriage Act, a 1996 federal law that defined marriage for federal purposes as the union of one man and one woman and allowed states to refuse recognition of same-sex marriages from other states.
-
C.
Public Law 104-193
Public Law 104-193 is the 1996 U.S. federal welfare reform law that overhauled Aid to Families with Dependent Children and created the Temporary Assistance for Needy Families (TANF) program, emphasizing work requirements and time-limited benefits.
-
D.
Public Law 104-104
Public Law 104-104 is the formal designation of the Telecommunications Act of 1996, a major U.S. federal law that overhauled telecommunications regulation to promote competition and reduce regulatory barriers.
-
E.
Public Law 105-292
Public Law 105-292 is the U.S. federal statute commonly known as the International Religious Freedom Act of 1998, which established mechanisms to promote and monitor religious freedom worldwide as a core component of American foreign policy.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Public Law 104-290 Target entity description: Public Law 104-290 is a 1996 U.S. federal statute, known as the National Securities Markets Improvement Act (NSMIA), that reformed securities regulation by reallocating oversight between federal and state authorities.
-
A.
Public Law 104-191
Public Law 104-191 is the U.S. federal statute enacted in 1996 that established the Health Insurance Portability and Accountability Act (HIPAA), setting national standards for health insurance portability, privacy, and security of health information.
-
B.
Public Law 104-199
Public Law 104-199 is the formal designation of the U.S. Defense of Marriage Act, a 1996 federal law that defined marriage for federal purposes as the union of one man and one woman and allowed states to refuse recognition of same-sex marriages from other states.
-
C.
Public Law 104-193
Public Law 104-193 is the 1996 U.S. federal welfare reform law that overhauled Aid to Families with Dependent Children and created the Temporary Assistance for Needy Families (TANF) program, emphasizing work requirements and time-limited benefits.
-
D.
Public Law 104-104
Public Law 104-104 is the formal designation of the Telecommunications Act of 1996, a major U.S. federal law that overhauled telecommunications regulation to promote competition and reduce regulatory barriers.
-
E.
Public Law 105-292
Public Law 105-292 is the U.S. federal statute commonly known as the International Religious Freedom Act of 1998, which established mechanisms to promote and monitor religious freedom worldwide as a core component of American foreign policy.
- F. None of above. chosen
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal statute
ⓘ
securities law ⓘ |
| alsoKnownAs | NSMIA ⓘ |
| amends |
Investment Advisers Act of 1940
ⓘ
Investment Company Act of 1940 ⓘ Securities Act of 1933 ⓘ
linked to:
U.S. Securities Act of 1933
Securities Exchange Act of 1934 ⓘ
linked to:
U.S. Securities Exchange Act of 1934
Securities Investor Protection Act of 1970 ⓘ
linked to:
Securities Investor Protection Act
|
| appliesTo |
covered securities
ⓘ
investment advisers ⓘ investment companies ⓘ |
| codifiedIn | Title 15 of the United States Code ⓘ |
| country |
United States
ⓘ
linked to:
United States of America
|
| dateSigned | 1996-10-11 ⓘ |
| effect |
reduces duplicative state and federal securities regulation
ⓘ
shifts significant regulatory authority from state securities regulators to the SEC ⓘ |
| enactedBy | 104th United States Congress ⓘ |
| historicalContext | enacted during a period of financial market deregulation in the 1990s ⓘ |
| jurisdiction | federal ⓘ |
| keyProvision |
allocates primary regulation of investment advisers between the SEC and the states based on assets under management
ⓘ
creates the category of covered securities exempt from most state registration and qualification ⓘ enhances SEC authority over national securities markets ⓘ limits state authority over SEC-registered investment advisers primarily to antifraud enforcement ⓘ preempts certain state securities registration requirements for nationally traded securities ⓘ streamlines regulation of mutual funds and other investment companies at the federal level ⓘ |
| legislativeBody | United States Congress ⓘ |
| officialName | National Securities Markets Improvement Act of 1996 ⓘ |
| policyGoal |
to create a more uniform national system of securities regulation
ⓘ
to facilitate capital formation by reducing regulatory fragmentation ⓘ |
| primarySubject |
securities markets
ⓘ
securities regulation ⓘ |
| publicLawNumber | 104-290 ⓘ |
| purpose |
to promote efficiency and capital formation in the U.S. securities markets
ⓘ
to reform securities regulation by reallocating oversight between federal and state authorities ⓘ |
| region |
United States
ⓘ
linked to:
United States of America
|
| regulatorImpacted |
U.S. Securities and Exchange Commission
ⓘ
linked to:
Securities and Exchange Commission
state securities regulators ⓘ |
| shortName | NSMIA ⓘ |
| signedBy | Bill Clinton ⓘ |
| signingPresident | Bill Clinton ⓘ |
| statutesAtLargeCitation | 110 Stat. 3416 ⓘ |
| subjectArea |
federal preemption
ⓘ
investment adviser regulation ⓘ investment company regulation ⓘ national securities markets ⓘ |
| typeOfPreemption | field preemption in specified areas of securities registration ⓘ |
| yearEnacted | 1996 ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Public Law 104-290 Description of subject: Public Law 104-290 is a 1996 U.S. federal statute, known as the National Securities Markets Improvement Act (NSMIA), that reformed securities regulation by reallocating oversight between federal and state authorities.
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.