Which of the following activities is most likely to be considered by the SEC as meeting the business standard element in the definition of an investment adviser?
A) Issuing reports on macroeconomic conditions.
B) Advertising investment services to the public and providing them routinely.
C) Advertising investment services but receiving no separate compensation for the services.
D) Giving specific investment advice only on rare and isolated occasions.
Answer: B) Advertising investment services to the public and providing them routinely.