Under the “Securities and Futures Ordinance ,” Which of the following conditions may be excluded of certain regulated activities without license ?
I. Professional accountants, solicitors and council conducting type 4, 5, 6 and 9 regulated activities that are wholly incidental to their professions.
II. People licensed or registered to conduct Type 1 activity who carry out type 4, 6, 9 activities for the purposes of their type 1 regulated activity.
III. People licensed or registered to conduct Type 9 activity who carry out type 1, 2 activities for the purposes of their type 9 regulated activity.
IV. Corporation carrying out type 2 regulated activity solely for their wholly owned subsidiaries.