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Which of the following are not required to register as investment advisers under the investment advisers act of 1940? (A) A person who provides advice to people who are investing in antique furniture.
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Which of the following are not required to register as investment advisers under the investment advisers act of 1940?

(A) A person who provides advice to people who are investing in antique furniture.
(B) A person who provides advice to people who are investing in coin collections.
(C) A person who provides advice to insurance companies on their portfolios.
(D) A person who provides advice to people who are investing in companies registered under the Investment Company Act of 1940.

User BoeroBoy
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1 Answer

4 votes

Answer:

The correct answers are letters "A" and "B": A person who provides advice to people who are investing in antique furniture; A person who provides advice to people who are investing in coin collections.

Step-by-step explanation:

The Investment Advisers Act of 1940 is a set of laws that establishes the boundaries for the activities of investment advisers. This act was originally written by the Securities and Exchange Commission (SEC) and provides the legal limitations for people who advise individuals or companies regarding securities.

In that case, people who advise purchases or antique furniture or coin collections do not fall under this category.

User Roshan Gautam
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