contestada

under the investment advisers act of 1940, it is legal for an investment adviser to rebate the commission on a mutual fund sale to a client who has already paid a fee for investment advice keep the commission on a mutual fund sale when the client who purchased the shares has already paid for investment advice reduce a client's advisory fee by any commissions earned on mutual fund sales to that client

Respuesta :

Under the investment advisers act of 1940, it is legal for an investment adviser to rebate the commission on a mutual fund sale to a client  II & III. Rebating commissions on mutual fund sales is prohibited.

Mutual funds let you pool your cash with other buyers to "together" purchase shares, bonds, and other investments. they are run with the aid of professional cash managers who decide which securities to shop for (stocks, bonds, and so forth.) and promote them. You get publicity for all of the investments within the fund and any profits they generate.

A mutual fund is a pool of cash managed via an expert Fund manager. it's far a consideration that collects cash from some of the buyers who percentage a not unusual investment objective and invests the identical in equities, bonds, cash marketplace gadgets, and/or different securities.

Learn more about the mutual fund  here https://brainly.com/question/4521829

#SPJ4

Otras preguntas