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Question
Identify the procompetitive effect of banks' expansion of their securities activities.
A. Reduces the degree of underpricing of new issues.
B. Encourages stuffing of fiduciary accounts.
C. Increased provision of cheap loans on the implicit condition that this loan is used to purchase securities.
D. Use of lending powers by a bank to coerce a customer to buy the products sold by its securities affiliate.
E. Use of inside information by a bank to set the prices, or help the distribution of securities offerings by its affiliate.
Answer
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Related questions
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