The SEC classifies funds, including mutual funds, ETFs, and private funds, based on their structure, investment strategies, and regulatory requirements, which can be broadly categorized into registered investment companies (including mutual funds, closed-end funds, and unit investment trusts) and private funds. I'm Ray Hermann Angossio Liwa or RHAL to be friendly, also I'm US Federal Tax Professional and US Attorney registered - ABA MEMBER ID: 06199835 ; PTIN: P02356203 ; CTEC: A328086 ; NYTPRIN: 12807807.Founder, Owner & Chief Strategists Futurists Society.For more :https://www.amazon.com/author/rayliwa ;https://linktr.ee/alpharayangossio .

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