SIE Exam Practice Question 707

Question: 707

All but which of the following are correct regarding the IARD?

Correct Answer: D

Explanation:

The IARD was developed according to the requirements of its sponsors, the SEC and NASAA. Its database helps promote uniformity through the use of common forms, and efficiency through a paperless environment. It is to investment advisers what the CRD is to broker-dealers.

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