微信扫一扫
实时资讯全掌握
| Which of the following is NOT appropriate to include as tax or regulatory constraints in the company's Investment Policy Statement? A. The regulatory constraint should include the recognition that, for U.S. life insurance companies, state law prevails over federal law. B. The regulatory constraint should include the recognition that, by law, common stock holdings are typically limited to a certain percentage of assets. C. The regulatory constraint should include a statement that the company is subject to the Prudent Expert Rule. |