Which of the following securities issues must be registered with the SEC under the Securities Act of 1933?
I. Public DPPs.
II. Variable annuities.
III.Open-end funds.
IV. Closed-end funds.
A) I, II, III and IV.
B) I and II.
C) II and III.
D) III and IV.
Answer: A) I, II, III and IV.