1) While Sarbanes Oxley is designed to reduce the problems caused by conflicts of interest critics say that it might diminish economies of scope and
A) reduce information in financial markets.
B) encourage IPOs in the U.S.
C) encourage smaller firms to list on the U.S. financial markets.
D) increase U.S. capital markets relative to those abroad.
2) The Global Legal Settlement of 2002 required investment banks to separate ________ and ________.
A) research; securities underwriting
B) deposits; securities underwriting
C) research; legal analysis
D) deposits; legal analysis
3) What three types of financial service activities have led to serious conflict of interest problems in financial markets in recent years?