Stock Brokers Typically Do Not Recommend No-Load Funds Because

Stock brokers typically do not recommend no-load funds because

A) the return is lower than on load funds and brokers want to sell only the best funds to their clients.
B) federal law prohibits brokers from selling no-load funds.
C) no-load funds do not pay an upfront fee to the broker for selling them.
D) there is no secondary market for them.

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free