Laws & Regulations第 85 / 110 题
An investment adviser's Form ADV Part 2 (the 'brochure') primarily serves which purpose?
a.Disclosing the adviser's services, fees, conflicts of interest, and disciplinary history to clients
b.Reporting the adviser's quarterly trading profits to the SEC
c.Guaranteeing investment performance
d.Registering individual securities for sale
解析
Form ADV Part 2, the brochure, is a plain-English disclosure document that describes the adviser's business, services, fee schedule, conflicts of interest, and disciplinary history for clients and prospective clients. It must generally be delivered before or at the time an advisory agreement is entered. It is central to the adviser's disclosure obligations.
法律依据: Investment Advisers Act of 1940免费刷完整 110 道题库 — 无需注册。
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