Which of the Following Organizations Are Excluded from the Investment

Multiple Choice

Which of the following organizations are excluded from the Investment Company Act's definition of an investment company?

A) Banks and insurance companies,but not savings and loans and finance companies
B) Banks,insurance companies,savings and loans,and finance companies
C) Savings and loans and finance companies,but not banks and insurance companies
D) Banks and savings and loans,but not insurance companies and finance companies
E) Insurance companies and finance companies,but not banks and savings and loans