Redeemable securities are those that can be sold back to the issuer.
D is correct because unit investment trusts (UITs) issue redeemable securities.
C is incorrect because closed-end fund shares are traded on secondary markets, not redeemable.
A and B do not meet the definition of redeemable securities.
[Reference: Investment Company Act of 1940, Section 2(a)(32), , , ]
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