Finra Exam Series-7 Topic 4 Question 71 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 71
Topic #: 4

[All Series-7 Questions]

Which of the following is not an investment company within the terms of the Investment Company Act of 1940?

Aa holding company dealing in mineral leaseholds

Ba face-amount certificate company

Ca unit investment trust company

Da management company

Show Suggested Answer

Suggested Answer: D

predictions of recession in the economy. All of the other choices are technical market indicators. An economic forecast is ''fundamental'' market data.

by Leonora at Jul 09, 2023, 09:46 PM

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Yong

5 days ago

A face-amount certificate company? That's a new one on me. I bet it's more exciting than it sounds.

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Michal

22 days ago

But why do you think that? I thought management companies are considered investment companies.

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Jesusita

24 days ago

I disagree, I believe the correct answer is D) a management company.

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Michal

25 days ago

I think the answer is A) a holding company dealing in mineral leaseholds.

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Erasmo

30 days ago

Hmm, a holding company dealing in mineral leaseholds? Sounds like a real goldmine of an investment!

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Vallie

14 days ago

A) a holding company dealing in mineral leaseholds

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Derick

1 months ago

I'm not sure about this one. Can someone explain why holding company dealing in mineral leaseholds is not considered an investment company?

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Cyndy

1 months ago

I agree with Merrilee. Holding company dealing in mineral leaseholds is not considered an investment company under the Act.

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Merrilee

1 months ago

I think the answer is A) a holding company dealing in mineral leaseholds.

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