SIE practice questioneasyInvestment Company Act of 1940
Which investment product is regulated by the Investment Company Act of 1940?
- AVariable annuity
- BTreasury bond
- CCorporate bond
- DMutual fund✓ Correct answer
Explanation
Why D — Mutual fund
The Investment Company Act of 1940 regulates investment companies like mutual funds. Treasury and corporate bonds are not investment companies, while variable annuities are insurance products.
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