As a result of the Salomon scandal where Salomon cornered the market in Treasury securities, the Treasury has:
A) Switched to the Dutch auction method of selling securities
B) Increased the number of dealers who can bid competitively
C) Switched to an open-outcry system similar to that in the futures and options markets
D) Increased the number of corporate bidders
E) Done nothing, relying on the courts to discourage market manipulation
Correct Answer:
Verified
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