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Basic Question 2 of 4

Which of the following constraints concerns individual investors least, with respect to their portfolios?

A. Political issues
B. Legal issues
C. Taxes

User Contributed Comments 2

User Comment
2014 Individual investors are least affected by Legal Issues compared to Institutional Investors?
HolzGe1 Its about political issues being a CONSTRAINT. A sovereign wealth fund might be more constrained by political issues in its investment choices than an individual.
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Lina

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Learning Outcome Statements

describe the investment constraints of liquidity, time horizon, tax concerns, legal and regulatory factors, and unique circumstances and their implications for the choice of portfolio assets

CFA® 2025 Level I Curriculum, Volume 6, Module 4.