The Law That Requires Investment Advisers to Register with the SEC

question 101

Multiple Choice

The law that requires investment advisers to register with the SEC is the

• A) Investment Company Act of 1940.
• B) Investment Advisers Act of 1940.
• C) Maloney Act of 1938.
• D) Securities Act of 1933.

---

Definitions:

Wells Serviced

This term refers to the number of oil or water wells that have undergone maintenance, repair, or inspection services within a specific period.

Other Expenses

Costs that are not directly associated with the production of goods or services, such as administrative and selling expenses.

Planning Budget

A budget created for a particular level of activity, it helps in setting goals and objectives for future financial plans.

Containers Refurbished

The process of cleaning, repairing, and restoring containers to a like-new condition for reuse or resale.