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Which of the following permits a financial holding company to create a financial conglomerate by allowing it to own commercial banks, securities firms, ind insurance
Which of the following permits a financial holding company to create a financial conglomerate by allowing it to own commercial banks, securities firms, ind insurance companies as subsidiaries? Regulation Fair Disclosure The Financial Services Modernization Act The Glass-Steagall Ach The Bank Holding Compary Act of 1956 In the early 2000 s, the process by which securities analysts rated stocks was widely criticized. Their. pay was typically tied to the new business they brought to the securities firm, and they knew firms in need of advisory or underwriting services would likely hire the securities firm that gave their stock the highest valuation. Consequently, they had motives to inflate their ratings of a firm's stock, which would cause investors relying on these ratings to be misinformed. In 2002, which of the following were rules implemented by the SEC in an ottempt to prevent analysts from inflating stock ratings? Check ank crin apply
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