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Under the Investment Company Act of 1940, an Investment Company

Question 96

Multiple Choice

Under the Investment Company Act of 1940, an investment company is:


A) required to register with the SEC.
B) any company that holds investment securities that have a value that is greater than 40% of the company's total assets.
C) any issuer whose primary business involves investing, reinvesting, or trading in securities.
D) All of the above accurately describe an investment company as defined by the Investment Company Act of 1940.

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