FIN 366 EDU Motivated Minds/fin366edu.com FIN 366 EDU Motivated Minds/fin366edu.com | Page 7

d. Douglas amendment e. 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.