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Basic Question 2 of 15
Which of the following parties can act as depository institutions?
II. Credit unions
III. SPEs
I. Brokers
II. Credit unions
III. SPEs
User Contributed Comments 5
| User | Comment |
|---|---|
| Shaan23 | You could memorize the entire CFA textbook and fail the exam for jokes. Without Q's its impossible. I would've never got this. |
| ldfrench | ^That's why this site is so valuable. All about learning how to answer the questions we could be asked. |
| timkalt | So SPEs are SPVs and do not act as depository institutions. Abreviations... |
| khalifa92 | any kind of broker or a specified one? |
| khalifa92 | Answering my own question; Leveraged positions; next LOS. |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe types of financial intermediaries and services that they provide
CFA® 2025 Level I Curriculum, Volume 3, Module 1.