SEC reviews the information and have the authority of regulatory disclosure for the ADV.
<h3>What is SEC and how it works?</h3>
SEC is a Securities and Exchange Commission in United States who regulates the nation's securities industries.
The basic functions of the SEC is to protect the investors, capital formation and maintain the fairness in the market.
SEC is the governing body which has the authority in the case of ADV form.
Learn more about the ADV form here:-
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Answer:
Economic expansion
The economy is expanding which means that people have access to higher wages. This will enable them to save more.
- More demand for funds among borrowers
As the economy is expanding, people will borrow to consume more as well as to invest which will lead to a higher demand for borrowed funds.
- Increase in price of products
With more people able to afford goods and services, prices will increase as there is now more demand for those goods.
Economic recession
With the economy shrinking, companies will be making less profit and will have to layoff workers to reduce their costs.
- Increase in government borrowing
In a recession, the Government will have to spend more to prop up the economy like the US Government did during this pandemic by providing stimulus packages. This spending is supported by borrowing.
Answer:
You pay taxes upfront
the maximum contribution is low
Explanation:
UTP quiz
Answer:
D. Improved lifestyles, including reductions in the use of tobacco, alcohol, and drugs.
Explanation:
It is in the hands of a person to manage his health Therefore, If he/she improves the lifestyle and eats healthy and exercises daily. One can improve his/her health drastically.