Question

According to the securities act of 1933, a pooled investment fund will be classified as a federal covered security if it is

Answer 1

Héy buddy!!

So, Thé ÃnSwer is ::-:: Federal covered securities are exempt from state registration. The USA defines a federal covered security as follows: "A security that is, or upon completion of a transaction will be, acovered security under Section 18(b) of the Securities Act of 1933 (15 U.S.C.

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