Under the Investment Company Act, investment companies must:
A) pay dividends to investors equal to at least 20 percent of their taxable ordinary income
B) certify their employees with the SEC
C) hold their capital and debts in ways approved by the SEC
D) pay dividends to investors equal to at least 20 percent of their taxable ordinary income and hold their capital and debts in ways approved by the SEC
E) pay dividends to investors equal to at least 20 percent of their taxable ordinary income and certify their employees with the SEC and hold their capital and debts in ways approved by the SEC
Correct Answer:
Verified
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