Series 6 - Investment Company And Variable Contracts Products Representative Exam
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Which type of management company registers a fixed number of shares with the SEC and offers them all to the public for a limited time?
Open-end management company
A
Unit investment trust
B
Closed-end investment company
C
Mutual fund
D
Explanations
A closed-end management company registers a fixed number of shares with the SEC and offers them all to the public for a limited time.