A conflict of interest between providing impartial research about companies issuing securities and selling those same securities arises in
A) investment banking.
B) commercial banking.
C) accounting firms.
D) mutual funds.

Question

Quizplus · Accepted Answer

Investment banking involves both providing impartial research about companies issuing securities and selling those same securities, which can create a conflict of interest. This is because the investment bank may be more interested in selling the securities to earn a profit rather than providing completely unbiased research.

A Conflict of Interest Between Providing Impartial Research About Companies