Laws & RegulationsPregunta 20 de 100
Under the Investment Advisers Act, a performance-based fee that charges a share of capital gains is generally permitted only when the client is:
a.Any retail client who signs a waiver
b.A qualified client meeting minimum net worth or assets-under-management thresholds
c.A first-time investor
d.A client under the age of 21
Explicación
Performance-based compensation is generally prohibited unless the client is a qualified client meeting net worth or assets-under-management thresholds. This protects less sophisticated investors from fee structures that could encourage excessive risk-taking. A signed waiver alone does not qualify a retail client.
Referencia Legal: Investment Advisers Act of 1940Practica las 100 preguntas gratis — sin registro.
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