78.4k views
0 votes
When hedge funds are recommended, solicitations must be limited to _.

A. Accredited investors
B. Qualified purchasers
C. Retail investors
D. All of the above

1 Answer

4 votes

Final answer:

When hedge funds are recommended, solicitations must be limited to accredited investors.

Step-by-step explanation:

When hedge funds are recommended, solicitations must be limited to accredited investors. Accredited investors are individuals or institutions who meet certain financial criteria set by the Securities and Exchange Commission (SEC). They are considered to have a higher level of financial sophistication and are therefore able to bear the risks associated with hedge funds.

User Fmagno
by
8.5k points