Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

Finra Series-7 Exam - Topic 4 Question 71 Discussion

Which of the following is not an investment company within the terms of the Investment Company Act of 1940?
D) a management company
A) a holding company dealing in mineral leaseholds
B) a face-amount certificate company
C) a unit investment trust company

Finra Series-7 Exam - Topic 4 Question 71 Discussion

Actual exam question for Finra's Series-7 exam
Question #: 71
Topic #: 4
[All Series-7 Questions]

Which of the following is not an investment company within the terms of the Investment Company Act of 1940?

Show Suggested Answer Hide Answer
Suggested Answer: D

predictions of recession in the economy. All of the other choices are technical market indicators. An economic forecast is ''fundamental'' market data.


by Leonora at Jul 09, 2023, 09:46 PM

Limited Time Offer

25%

Off

Get Premium Series-7 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Reuben
8 months ago
I thought management companies were excluded too, but I guess not!
upvoted 0 times
...
Ollie
8 months ago
A face-amount certificate company definitely counts as an investment company.
upvoted 0 times
...
Lettie
8 months ago
Wait, are you sure about that? Seems a bit off.
upvoted 0 times
...
Glenn
8 months ago
Totally agree, that's the right answer!
upvoted 0 times
...
Mira
9 months ago
A holding company dealing in mineral leaseholds is not an investment company.
upvoted 0 times
...
Shayne
9 months ago
I’m a bit confused about unit investment trusts; I thought they were investment companies too, but maybe the holding company is the exception here?
upvoted 0 times
...
Tonja
9 months ago
I feel like I've seen a question like this before, and I think management companies are definitely included as investment companies.
upvoted 0 times
...
Alton
9 months ago
I'm not entirely sure, but I remember that face-amount certificate companies are definitely considered investment companies under the Act.
upvoted 0 times
...
Lorean
9 months ago
I think the holding company dealing in mineral leaseholds might be the right answer since it doesn't sound like a typical investment company.
upvoted 0 times
...
Markus
9 months ago
I'm a bit confused by this question. The code snippet doesn't provide much context, so I'll need to think through the possible solutions carefully.
upvoted 0 times
...
Felicidad
9 months ago
The key here is that the workers need to be able to document their own performance, so I'd say the answer is the Employee self-service workspace. That seems like the most logical place for them to do that.
upvoted 0 times
...
Izetta
9 months ago
I feel pretty confident about this one. The Run and Improve stage is all about maintaining and continuously improving the service, so C seems like the best option.
upvoted 0 times
...
Ashley
10 months ago
NTFS is definitely the way to go here. It's the standard file system for Windows and can handle large file sizes without any issues.
upvoted 0 times
...
Luisa
10 months ago
I vaguely recall that adding "host-routing" under the BVI might be necessary too, but I'm kind of confused on the correct placement right now.
upvoted 0 times
...
Gerald
1 year ago
Holding companies, face-amount certificates, unit trusts, and management companies - this exam is really mining the depths of investment knowledge!
upvoted 0 times
...
Candida
1 year ago
Management company, eh? Sounds like they've got the reins on this investment thing.
upvoted 0 times
Dyan
1 year ago
But remember, a holding company dealing in mineral leaseholds is not considered an investment company under the Investment Company Act of 1940.
upvoted 0 times
...
Bonita
1 year ago
That's right, they make decisions on what to buy and sell in the portfolio.
upvoted 0 times
...
Ashlyn
1 year ago
I think they handle the day-to-day operations of the investment company.
upvoted 0 times
...
Brynn
1 year ago
Yeah, management companies play a big role in the investment world.
upvoted 0 times
...
...
Bernadine
1 year ago
Unit investment trust company, huh? Sounds like a trusty investment, if you ask me.
upvoted 0 times
Chantell
1 year ago
A management company is not classified as an investment company.
upvoted 0 times
...
Sharika
1 year ago
I believe a face-amount certificate company is not considered an investment company.
upvoted 0 times
...
Truman
1 year ago
I think a holding company dealing in mineral leaseholds is not an investment company.
upvoted 0 times
...
...
Yong
1 year ago
A face-amount certificate company? That's a new one on me. I bet it's more exciting than it sounds.
upvoted 0 times
Iola
1 year ago
C: I heard they were popular back in the day but not so much anymore.
upvoted 0 times
...
Theola
1 year ago
B: Yeah, it's a type of investment company that guarantees a fixed return.
upvoted 0 times
...
Karl
1 year ago
A: I think a face-amount certificate company is like a savings bond.
upvoted 0 times
...
...
Michal
1 year ago
But why do you think that? I thought management companies are considered investment companies.
upvoted 0 times
...
Jesusita
1 year ago
I disagree, I believe the correct answer is D) a management company.
upvoted 0 times
...
Michal
1 year ago
I think the answer is A) a holding company dealing in mineral leaseholds.
upvoted 0 times
...
Erasmo
1 year ago
Hmm, a holding company dealing in mineral leaseholds? Sounds like a real goldmine of an investment!
upvoted 0 times
Ettie
1 year ago
D) a management company
upvoted 0 times
...
Adria
1 year ago
C) a unit investment trust company
upvoted 0 times
...
Reuben
1 year ago
B) a face-amount certificate company
upvoted 0 times
...
Vallie
1 year ago
A) a holding company dealing in mineral leaseholds
upvoted 0 times
...
...
Derick
1 year ago
I'm not sure about this one. Can someone explain why holding company dealing in mineral leaseholds is not considered an investment company?
upvoted 0 times
...
Cyndy
1 year ago
I agree with Merrilee. Holding company dealing in mineral leaseholds is not considered an investment company under the Act.
upvoted 0 times
...
Merrilee
1 year ago
I think the answer is A) a holding company dealing in mineral leaseholds.
upvoted 0 times
...

Save Cancel