Large businesses in developed economies generally find it more efficient to enlist the services of a financial institution to raise capital. A set of highly efficient financial intermediaries has evolved. In recent years, regulations against diversification of institutions have been largely removed; and today the differences between institutions have become blurred. Still, there remains a degree of institutional identity among them. Give the correct response to each of the following questions. 1. Large conglomerates that combine many different financial institutions within a single corporation are known as -Select- 2. Organizations that underwrite and distribute new investment securities and help businesses obtain financing are known as -Select- 3. The traditional department stores of finance serving a variety of savers and borrowers are known as -Select- v. 4. Cooperative associations whose members are supposed to have a common bond are known as -Select- v. 5. Retirement plans funded by corporations or government agencies for their workers and administered primarily by the trust departments of commercial banks are known as -Select- v funds use a manager's expertise to outperform the overall markets. -Select- are designed to simply replicate the performance of a specific basket of stocks like the S&P 500. Both types of funds provide investors with valuable -Select- There are some important distinctions among mutual funds. -Select- v funds Many believe that insufficient supervision of the financial sector was partly responsible for the recent financial crisis. Consequently, Congress passed the |-Select- v Act. The legislation's main goals are to create a new agency for consumer protection, increase the transparency of derivative transactions, and force financial institutions to take steps to limit excessive risk-taking and to hold more capital.