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Pie
1 year ago
15

When an investor purchases Class A shares of a mutual fund in their brokerage account at a FINRA member firm, the sales charge i

s apportioned to all of the following except
Business
1 answer:
Viktor [21]1 year ago
8 0

When an investor purchases Class A shares of a mutual fund in their brokerage account at a FINRA member firm, the sales charge is apportioned to all of the following except The mutual fund.

<h3>What does it mean to be a member of FINRA?</h3>

The Financial Industry Regulatory Authority (FINRA) is an independent, nongovernmental organization that writes and enforces the rules governing registered brokers and broker-dealer firms in the United States.

A member is a registered investment firm or a brokerage or a dealership. Generally, an associated person is registered under the company rules and holds an important position at a company making investment decisions.

To learn more about FINRA visit the link

brainly.com/question/13678897

#SPJ4

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