Multiple Choice
As a result of the Wall Street Reform and Consumer Protection Act of 2010,
A) hedge fund advisers of pools greater than $100 million must register with the SEC.
B) hedge funds with assets greater than $100 are subject to provisions of the Investment Company Act of 1940.
C) hedge fund advisers of pools less than $100 are overseen by state regulators.
D) it is possible that a large, risky hedge fund may be forced to be regulated by the Federal Reserve.
E) All of the options are true.
Eveningstar open-end fund has 1,000 shares outstanding and has the following assets in its portfolio: 100 shares of Procter & Gamble (P&G) priced at $30.00, 300 shares of Intel priced at $50.00 and 200 shares of Microsoft priced at $60.00.The Morningstar closed-end fund has the following stocks in its portfolio: 300 shares of P&G and 300 shares of Microsoft.It has a total of 500 shares outstanding.
[Reference: 5-121]
Correct Answer:

Verified
Correct Answer:
Verified
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