The semi-strong form of the efficient markets hypothesis supports _____________.

technical analysis, but rejects fundamental analysis as valid

fundamental analysis, but rejects technical analysis as valid

both fundamental and technical analysis

neither fundamental nor technical analysis

Global Research Analyst Settlement (2003) did which of the following?

1. Required companies release material information simultaneously to all market participants

2. Separated investment banking from commercial banking

3. Separated investment banking from research activities

4. Required securities analysts to take the Series 7 and 63 licensing exams