Practice Quiz

FINRA Series 7

Category - Series 7

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Which of the following is not an investment company within the terms of the Investment Company Act of 1940?
  1. a holding company dealing in mineral leaseholds
  2. a face-amount certificate company
  3. a unit investment trust company
  4. a management company
Explanation
Answer: A - a holding company dealing in mineral leaseholds. The other choices are the three classifications of investment companies under the 1940 act.
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