Under Dodd-Frank exemptions, pension consultants who control at least how much assets under management must register with the SEC?

• A. 100 million
• B. 200 million
• C. 300 million
• D. 400 million

Answer: (B)

Pension consultants fall under a specific Dodd-Frank exemption from SEC registration, with a clear threshold that changes the requirement. If a pension consultant controls at least two hundred million dollars in assets under management, they must register with the SEC as investment advisers. Below that amount, the exemption generally applies and SEC registration isn’t required for this specific category. This threshold is set to bring larger, more influential advisers under federal oversight while allowing smaller consultants to operate without SEC registration. The other dollar amounts don’t trigger this pension-consultant registration requirement.