Recently (2013-2015), pre-tax profits at securities firms and investment banks have been declining because of new regulation.
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Q2: Because the business of funds management generates
Q3: Investment banks specialize in the origination, underwriting,
Q4: The Financial Services Modernization Act of 1999
Q5: As of October 1987, there were over
Q6: The top ten underwriters of global debt
Q7: Generally, commission income for securities firms tends
Q8: Investment banks engage in activities such as
Q9: As of 20015, income generated by securities
Q10: Initial public offerings (IPOs) are first-time issues
Q11: The concentration of business among the largest
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