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Question
As a result of the alleged conflicts of interest between analysts and underwriting, which of the following changes were implemented?
I. Analysts cannot participate in, nor attend certain presentations to potential investors conducted by investment bankers associated with underwriting an issue.
II. Analyst compensation can no longer be tied to the amount of underwriting business a firm generates.
III. Securities firms must divest stock research divisions to ensure independence from their investment banking business.
A. I only
B. I and II only
C. I and III only
D. II and III only
E. I, II, and III
Answer
This answer is hidden. It contains 1 characters.
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