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Which of the Following Categories of People Are Not Exempt

Question 13

Multiple Choice

Which of the following categories of people are not exempt from the Advisors Act?


A) A bank or bank holding company that is not an investment company.
B) Accountants,lawyers,engineers,and teachers whose rendering of advisory services is incidental to their profession.
C) Brokers or dealers whose advice is not incidental to their business and receive special compensation for this service.
D) All of the above are exempt.
E) None of the above are exempt.

Correct Answer:

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