The written disclosure document that must be furnished by a solicitor to a client under the Investment Advisors Act of 1940 must include all of the following except

[A] any service that the solicitor will be providing to the client[B] the compensations that the solicitor will receive[C] the name of the broker dealer that will affect the trades[D] the name of the investment advisors that will be providing advisory service

Question

Pansy

Business

13 November, 13:45

The written disclosure document that must be furnished by a solicitor to a client under the Investment Advisors Act of 1940 must include all of the following except

[A] any service that the solicitor will be providing to the client[B] the compensations that the solicitor will receive[C] the name of the broker dealer that will affect the trades[D] the name of the investment advisors that will be providing advisory service

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Answers (1)

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Trenton · Answer 1

C) the name of the broker dealer that will affect the trades

Explanation:

Solicitors must present a separate disclosure that must include the name of the solicitor and the services he/she provides, the name of the investment advisor for whom the solicitor is working, and the nature of the relationship between the solicitor and the investment advisor. The compensation agreement must also be included, along with any amount that the client will be charged in addition to the advisory fee.