IACCP (MASTER TERMS) 2024/2025

IACCP (MASTER TERMS) 2024/2025 Assignment - answer-Any direct or indirect transfer or hypothecation of an investment advisory contract by the assignor Who is not an Investment Advisor? - answer-A Bank, Lawyer, accountant, engineer, teach whose performance of such services is solely incidental to the practice of his profession, Broker-dealer (commission only)published of any bona fide newspaper, magazine, business publication, rating systems (Moodys, etc.) What does it mean when someone has "Control"? - answer-Power to exercise a controlling influence over the management or policies of a compny Investment supervisory services - answer-Giving of continuous advice as to the investment of funds on the basis of the individual needs of each client National securities exchange - answer-an exchange registered under section 6 of the Securities Exchange Act of 1934 Person - answer-Natural person or company Not Securities - answer-Commodity Futures, Fixed Annuities Securities Act of 1933 Securities Exchange Act of 1934 Trust Indenture Act of 1939 - answer-Acts respectively, heretofore or hereafter amended What is a Business Development Company? - answer-A company must be registered in compliance with Section 54 of the Investment Company Act of 1940 to qualify as a BDC. A major difference between a BDC and a venture capital fund is that BDCs allow smaller, non-accredited investors to invest in startup comp