Series 6: Regulated Investment Company

Taken from our Series 6 - Investment Company Products/Variable Contracts Representative Exam

Definition of the term Regulated Investment Company ...

an investment company that is allowed to deduct all income that it distributes to shareholders from its corporate taxes. To be considered a regulated investment company by the IRS, a mutual fund must distribute at least 90% of its net income to its shareholders.

Since you're reading about Series 6: Regulated Investment Company , you might also be interested in:

Solomon Exam Prep Study Materials for the Series 6
Please Enable Javascript
to view this content!