Which of the following would not be defined as an “interested person,” under the Investment Company Act of 1940?
Explanation
Answer: D - All of the choices describe entities who would be defined as interested persons under the Investment Company Act of 1940. An interested person includes officers, directors, investment advisers, partners, employees, anyone who owns at least 5% of the voting stock of the company, and any immediate family members of these persons. The definition also extends to the principal underwriter and other investment companies served by that underwriter and anyone who has acted in a professional capacity for the company within the last two years.
