1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mr_godi [17]
1 year ago
5

An investment adviser would be considered to have custody of client funds if it:___.

Business
1 answer:
Nutka1998 [239]1 year ago
7 0

However, if you instruct a custodian or third party to transfer the money and you hold a check made by the client and payable to the advisor, the advisor will keep the client's money.

SEC-registered investment advisors who hold client funds or securities in custody are required to protect those funds under the SEC's custody rules. Custody Rules provide investors with additional protection against theft or embezzlement by investment advisors,

Managers of private equity funds and other private investment funds registered as investment advisers with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940 (the Advisers Act) are subject to regulation 206(4). -2 must be adhered to. custody rules.

Learn more about adviser at

brainly.com/question/13628349

#SPJ4

You might be interested in
What is the difference between a hands-off manager and a hands-on manager?
xeze [42]

Answer:

In general, a hands-on manager spends more time interacting directly with employees and working on tasks. This contrasts with a manager who has a more hands-off approach and spends a lot of time in his office making decisions and delegating tasks

Explanation:

7 0
3 years ago
Read 2 more answers
Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) 2020 2021 2022 Beginning invento
andrew11 [14]

Answer:

oki

Explanation:

6 0
3 years ago
Read 2 more answers
Financial educators often recommend that individuals should:
Marina86 [1]

Answer: D

Explanation: it is advisable to use government benefits as an important source of income prior to retirement. Since income will no longer flow like before during the retirement period, government benefit and other allowance remain as the source of income for especially in a situation where there is no other private source of income.

3 0
3 years ago
Both the satisfaction of creating new products and the possibility of earning money are _____ for an entrepreneur. risks incenti
Olenka [21]
That would be incentives of entrepreneur

by definition, incentives mean something that motivates you to do a specific activity

In this case, personal satisfaction, following own passion, making more money are the incentives of an entrepreneur
5 0
3 years ago
Read 2 more answers
At August 31, 2022, Carla Vista Company has this bank information: cash balance per bank $10,690; outstanding checks $840; depos
Igoryamba

Answer:

$11,650

Explanation:

The adjusted cash balance per bank at August 31 2022 is calculated as;

= Cash balance per bank - Outstanding checks + Deposits in transits

Given that;

Cash balance per bank = $10,690

Outstanding checks = $840

Deposits in transits = $1,800

= $10,690 - $840 + $1,800

= $11,650

Therefore the adjusted cash balance per bank is $11,650. It means that the cash balance per bank statement has to be adjusted to accommodate outstanding checks and deposits in transit. For outstanding checks , they are checks that have not yet been found on the bank statement , while deposits in transit are those deposits, that have not yet been found or appear on the bank statement.

8 0
3 years ago
Other questions:
  • What is the primary function of financial institutions in the economy?
    8·1 answer
  • The process of discussing a marketing problem with informed sources both within and outside the firm and examining information f
    8·1 answer
  • Problem page kala bought a sofa on sale for $207.20 . this price was 72% less than the original price. what was the original pri
    9·1 answer
  • Adding up all of the income in an economy in a given year is one approach to calculating which of the following?
    9·2 answers
  • An agent has recently changed his email address. What must the agent do to comply with the regulation for change of address?
    6·1 answer
  • Sam wants to grow in his current role, and he decides to take a three-month skill enhancement course.
    14·1 answer
  • Who likes juice wrld
    11·2 answers
  • On january 1 of 2015, parson freight company issues 7%, 10-year bonds with a par value of $2,000,000. the bonds pay interest sem
    7·1 answer
  • BrewCo sells coffeemakers for $120 each. The firm currently has variable costs per unit of $65. If BrewCo is able to reduce its
    13·1 answer
  • What makes a checking account more conveniant than a savings account?
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!