7 . Which of the underneath legislations permitted banks and thrifts to develop geographically across state lines by obtaining the benefits of unsuccessful thrifts ?
a . b . c . d . e .
Bank Holding Company Act McFadden Act Financial Institutions Reform , Recovery , and Enforcement Act Douglas amendment Glass-Steagall Act
8 . Savings deposits are a superior percent of financial support for small banks , compared to large banks .
a .
True or False 9 . Social Security is a completely funded pension program . a .
True or False
10 . |
Which of the underneath is factual about private placement ? |
a . |
The underwriting function is avoided . |
b . |
The extremes of high credit quality firms and low or unknown |
credit quality firms use private placements . |
c . |
The terms may be negotiated between the issuer and the |
investors . |
d . |
The sale of securities must be restricted to a small group of |
accredited investors . |
e . |
All of the above is true . |