1.

The primary regulator of mutual funds is the

Select one:

a.

Federal Reserve.

b.

FINRA.

c.

NASD.

d.

CFTC.

e.

SEC.

Property and casualty insurers hold _____________ long-term assets than life insurers because property and casualty loss rates are _____________ unpredictable than life insurance loss rates.

Select one:

a.

less; more

b.

less; less

c.

more; more

d.

more; less