As a result of the alleged conflicts of interest between ana…

As a result of the alleged conflicts of interest between analysts and underwriting, which of the following changes were implemented?Analysts cannot participate in nor attend certain presentations to potential investors conducted by investment bankers associated with underwriting an issue.Analyst compensation can no longer be tied to the amount of underwriting business a firm generates.Securities firms must divest stock research divisions to ensure independence from their investment banking business.

Match the intermediary with the characteristic that best des…

Match the intermediary with the characteristic that best describes its function.Provide protection from adverse eventsPool funds of small savers and invest in either money or capital marketsProvide consumer loans and real estate loans funded by depositsAccumulate and transfer wealth from work period to retirement periodUnderwrite and trade securities and provide brokerage servicesThriftsInsurersPension fundsSecurities firms and investment banksMutual funds