IACCP - NRS EXAM (MASTER QBANK) ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS

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IACCP - NRS EXAM (MASTER QBANK) ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS Assignment - Answer -Any direct or indirect transfer or hypothecation of an investment advisory contract by the assignor Who is not an Investment Advisor? - Answer -A Bank, Lawyer, accountant, engineer, teach whose performance of such services is solely incidental to the practice of his profession, Broker-dealer (commission only)published of any bona fide newspaper, magazine, business publication, rating systems (Moodys, etc.) What does it mean when someone has "Control"? - Answer -Power to exercise a controlling influence over the management or policies of a compny Investment supervisory services - Answer -Giving of continuous advice as to the investment of funds on the basis of the individual needs of each client National securities exchange - Answer -an exchange registered under section 6 of the Securities Exchange Act of 1934 Person - Answer -Natural person or company Not Securities - Answer -Commodity Futures, Fixed Annuities Securities Act of 1933 Securities Exchange Act of 1934 Trust Indenture Need assistance on Online classes, Exams & Assignments? Reach out for instant help!! Full Course Assistance, Plagiarism-free Essay Writing, Research Paper, Dissertation, Discussion Posts, etc…. Confidential & Secure services. Tutors are available for all subjects! Email now at: tutorjean01@gmail.com Act of 1939 - Answer -Acts respectively, heretofore or hereafter amended What is a Business Development Company? - Answer -A company must be registered in compliance with Section 54 of the Investment Company Act of 1940 to qualify as a BDC. A major difference between a BDC and a venture capital fund is that BDCs allow smaller, non-accredited investors to invest in startup companies. A BDC is a type of closed-end fund that makes investments in developing companies and firms that are financially distressed. What is an underwriter? - Answer -Works closely with the issuing body to determine the offering price of the securities, buys them from the issuer, and sells them to investors via the underwriter's distribution network. Underwriters generally receive underwriting fees from their issuing clients, but they also can earn profits when selling the underwritten shares to investors. What is a Foreign Private Advisor? - Answer -No US, fewer than 15 clients in US in private funds, aggregate assets under management US clients in private funds of less than $25 million. Does not hold self out in the US public as an Investment Adviser; nor acts as An Investment Adviser to any investment company registered under the Investment Company Act of 1940 What is a Commodity Pool Operator (CPO)? - Answer -A CPO is an individual or organization which operates a commodity pool and solicits funds for that commodity pool. What is a Commodity Pool? - Answer -An enterprise in which funds contributed by a number of persons are combined for the purpose of trading futures contracts, options on futures, retail off-exchange forex contracts or swaps, or to invest in another commodity pool. What is a Commodity Trading Advisor (CTA) - Answer -A US financial regulatory term for an individual or organization who is retained by a fund or individual client to provide advice and services related to trading in futures contracts, commodity options and/or swaps. They are responsible for the trading within managed futures accounts. What is a Swap - Answer -A derivative contract through which two parties exchange Need assistance on Online classes, Exams & Assignments? Reach out for instant help!! Full Course Assistance, Plagiarism-free Essay Writing, Research Paper, Dissertation, Discussion Posts, etc…. Confidential & Secure services. Tutors are available for all subjects! Email now at: tutorjean01@gmail.com