SIE practice questioneasyTypes of Investment Company Accounts
Which of the following is regulated by the Investment Company Act of 1940?
- AU.S. Treasury bonds
- BSavings accounts
- CCertificates of deposit (CDs)
- DMutual funds✓ Correct answer
Explanation
Why D — Mutual funds
The Investment Company Act of 1940 regulates mutual funds, closed-end funds, and unit investment trusts. B, C, and D are not regulated by this Act.
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