Under FINRA Rule 2111, which of the following entities would be considered an "institutional customer" for purposes of gathering customer suitability information? I. Pension fund with assets of $27 million II. Insurance company III. Individual with assets of $60 million IV. Bank

Under FINRA Rule 2111, which of the following entities would be considered an "institutional customer" for purposes of gathering customer suitability information? I. Pension fund with assets of $27 million II. Insurance company III. Individual with assets of $60 million IV. Bank

Under FINRA Rule 2111, which of the following entities would be considered an "institutional customer" for purposes of gathering customer suitability information?
I. Pension fund with assets of $27 million
II. Insurance company
III. Individual with assets of $60 million
IV. Bank 





A) I and II
B) I , II, III
C) I, III, IV
D) II, III, IV










Answer: D