The Options Clearing Corporation clears option transactions under the supervision of the SEC and the:

Prior to accepting investments into a mutual fund, investment companies are required to deliver which of the following to investors?

Which type of mutual fund charges a commission fee at the time of an investor’s purchase?

All the following are true about variable life insurance policies except:

A type of investment company that is not actively managed and has a mandatory termination date is:

What of the following is true about direct-sold 529 plans?

An individual can typically save up to how much in an ABLE account each year?

While they share some similarities, the primary difference between 529 accounts and ABLE accounts is:

Which of the following are true about Local Government Investment Pools?

I. They invest in long-term securities

II. They can be sponsored by (1) a state or local government; or (2) several cities and counties joined together

III. They are exempt from SEC registration

IV. They are investment vehicles established by state governments

Direct participation programs are commonly organized as: