Under the Investment Company Act of 1940, which of the following would be considered an affiliated person?
Persons who control, are controlled by, or share common control with the company.
Any officer, director, or employee of the company.
Persons who own or control 5% or more of the voting shares of the company.
A) I and III.
B) II and III.
C) III only.
D) I, II and III.
Answer: D) I, II and III.