Answer:
The renewal of an advisory contract under different terms than the preceding contract requires that a revised brochure must be given to the customer at, prior to, contract renewal
.
Explanation:
First, we need to define a term called ADV part 2A: Form ADV is a form used by investment advisers to register with the Securities commission and Exchange Commission (SEC) and state securities authorities.
There is no requirement to file an ADV Part 2A with a balance sheet promptly unless the adviser for the first time will accept $1,200 or more of prepaid fees, 6 months or more in advance of services rendered.
The "2-Day Free Look" at the "Brochure" is only required under NASAA rules for customers that are signing an advisory contract with that adviser for the first time - so it only applies to State-registered advisers, not to Federal Covered Advisers.
The definition of apartheid refers to a political system where people are clearly divided based on race, gender, class or other such factors. An example of Apartheid is a society where white people are considered superior and people of other races are mistreated.
Example in africa: Though apartheid was supposedly designed to allow different races to develop on their own, it forced black South Africans into poverty and hopelessness. ... It was illegal for a black person not to carry a passbook. Black people could not marry white people. They could not set up businesses in white areas.
23 officially recognized independent states