According to the investment advisers act of 1940, which of the following statements is true regarding the information that an sec-registered adviser is required to deliver or offer to deliver to their advisory clients? a. written disclosure documents must be delivered or offered to clients annually. b. the adviser must send a copy of all records of account activity over the course of the previous year to each client.

Option A, Written disclosure documents must be delivered or offered to clients annually.

Explanation:

Investment advisers must submit, or offer to submit, at least annually the written communication document (Brochure) under the Brochure Rule of the Investment Advisers Act of 1940.

For all federally licensed investment advisers the guidelines, known formally as law 204-3, refer and set out the dates during the advising period during which they must supply content.

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i'ts proportional. if the inflation rate is 12% for example, the cpi will be 12% less.

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