Rich Writewell Wants to Begin Publishing an Independent Weekly Financial

Rich Writewell wants to begin publishing an independent weekly financial newsletter that will provide investment recommendations as well as other financial news items to the general public. Rich hopes that his newsletter will achieve nationwide circulation within a few months. Which of the following statements is true?

A) Rich will have to register as an investment adviser since his publication will include investment recommendations
B) Rich will have to register as an investment adviser only if he sells this newsletter to the public.If the publication is to be distributed free of charge, he will not have to register.
C) Rich may be exempt from registering as an investment adviser if he is a lawyer,accountant, engineer, or teacher. Otherwise, he will have to register.
D) Rich will not have to register as an investment adviser since he is publishing a legitimate financial newsletter for distribution to the general public.