Products第 39 / 110 题

For purposes of combining purchases to reach a breakpoint, which of the following does NOT qualify as a single "person"?

a.An individual investor
b.A husband and wife purchasing in a joint account
c.A parent purchasing in a UTMA account for a minor child
d.An investment club whose members pool their money

解析

Breakpoint aggregation is available to an individual, a married couple, and their minor children's custodial accounts because those represent one family unit. Investment clubs, partnerships, and other groups formed mainly to obtain a reduced sales charge are expressly excluded. Allowing clubs to aggregate would let unrelated investors buy their way into discounts intended for a single household.

法律依据: FINRA Rule 2341 (Investment Company Securities)

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