Question: In 2 0 0 7 , the SEC commissioned the RAND Corporation to do a study to better understand the financial landscape. Which one of

In 2007, the SEC commissioned the RAND Corporation to do a study to better understand the financial landscape. Which one of the following statements is NOT an accurate finding of the study?
A)
The financial landscape was found to be complex and confusing for both financial professionals and investors.
B)
The public generally has a good understanding about the differences between the suitability and fiduciary standards.
C)
There was confusion over titles and credentials used in the field, including generic titles such as financial adviser.
D)
There was confusion over services offered by investment advisers and broker-dealers, and the fees they charge.

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