Which of the following would not fall under the classification of "institutional investor"?

Question

Quizplus · Accepted Answer

Nuering Investment Advisers would not fall under the classification of "institutional investor." Institutional investors are defined as banks, insurance companies, mutual funds, some pension plans, and broker-dealers registered under the Securities Exchange Act of 1934. Investment advisers are not part of this group.

Which of the Following Would Not Fall Under the Classification