Which of the following is a direct financial interest?

a. One owned directly by the covered member (even if managed by others)

b. One beneficially owned by the covered member through an investment vehicle, estate, trust, or intermediary when the beneficiary neither controls the intermediary nor has authority to supervise or participate in its investment decisions

c. An interest where the individual is not the record owner but has a right to some or all of the underlying benefits of ownership

d. An interest owned by others and not under one's control

Answer rating: 100% (QA)

Correct answer One owned directly by the covered member even if ma... View the full answer