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Basic Question 2 of 15

Which of the following parties can act as depository institutions?

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.
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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

Tamara Schultz

Learning Outcome Statements

describe types of financial intermediaries and services that they provide

CFA® 2025 Level I Curriculum, Volume 3, Module 1.