Bulgarian Investment Consultant Exam Practice Questions - Bulgarian Investment Consultant Exam (Инвестиционен консултант КФН) Exam

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Under Ordinance No. 7 of 27 May 2021 of the Bulgarian Financial Supervision Commission (КФН) and the Markets in Financial Instruments Act (ЗПФИ), what is the statutory definition of an Investment Consultant (Инвестиционен консултант)?

A qualified natural person licensed by the FSC who provides personal investment recommendations to clients regarding transactions in financial instruments or manages individual client investment portfolios on a discretionary basis A broker who only transmits limit orders to the stock exchange without giving investment advice A commercial bank cashier who processes utility payments at retail branch counters A real estate agent who assesses residential apartment market prices

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