Series 6 - Investment Company And Variable Contracts Products Representative Exam
Preview Mode
An institutional investor includes the following:
Bank and Member firm
A
Bank, Member firm and Employee benefit plan under IRC Section 403(b) or 457 that has at least 50 participants
B
Any entity with $25 million or more of total assets and Employee benefit plan under IRC Section 403(b) or 457 that has at least 50 participants
C
Any entity with $25 million or more of total assets only
D
Explanations
An institutional investor can be a member firm, a bank, any entity with $50 million or more of total assets, or an IRC Section 403(b) or 457 plan that has at least 100 participants.