Which act requires individuals providing securities advice to register with the SEC?

The Investment Advisers Act of 1940 is the legislation that specifically requires individuals who provide securities advice to register with the Securities and Exchange Commission (SEC). This act was designed to protect investors by regulating the practices of investment advisers, requiring them to disclose their qualifications and business practices, and ensuring they act in their clients' best interests. It establishes a framework for registration, along with ongoing compliance obligations, which are critical for maintaining transparency and accountability in the investment advisory profession.

The other options refer to different regulatory frameworks. The Securities Exchange Act of 1934 primarily governs the trading of securities after they have been issued, focusing more on the secondary markets rather than on investment advisers themselves. The Sarbanes-Oxley Act of 2002 deals primarily with corporate governance and financial practices, aiming at enhancing the accuracy and reliability of corporate disclosures. The 403b Plan is related to retirement savings plans and does not pertain to the registration of investment advisers. Thus, the requirement for registration with the SEC specifically applies to the Investment Advisers Act of 1940.