Regulations & Conduct第 124 / 125 题

The Investment Company Act of 1940 primarily regulates:

a.The issuance of municipal bonds
b.Investment companies such as mutual funds, closed-end funds, and unit investment trusts
c.Commodity futures
d.Bank deposits

解析

The Investment Company Act of 1940 governs the organization and operation of investment companies, including open-end funds (mutual funds), closed-end funds, and unit investment trusts. It addresses disclosure, governance, capital structure, and restrictions on transactions to protect fund investors.

法律依据: Investment Company Act of 1940

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