Under federal law, all of the following investment advisers are exempt from registration EXCEPT: a. foreign private advisers with no place of business in the United States and less than $25 million in assets under management
b. advisers solely to venture capital funds
c. advisers solely to private funds with less than $150 million in assets under management in the United States
d. advisers whose only clients are banks whose deposits are insured by the FDIC

Which of the following is likely not a benefit of requiring a grand jury to listen to and examine all of the evidence against a person suspected of committing a serious crime and then independently deciding whether or not to hand down an indictment? 1.the grand jury system provides the accused another safeguard against being sent to trial and facing conviction based on flawed evidence. 2.the members of the grand jury are drawn from the community and are empowered to render independent decisions about whether or not the government has collected enough evidence to bring an individual to trial. 3.the grand jury’s decision can provide prosecutors insight into what is necessary to build a sufficient case if a similar crime is presented later. 4.the grand jury is impaneled to rubber-stamp prosecutors’ cases, which makes it possible for more cases to reach trial.