To discourage flipping, some securities firms make ____ shares of future IPOs available to institutional investors that retain shares for a ____ period of time.

Name: To discourage flipping, some securities firms make ____ shares of future IPOs available to institutional investors that retain shares for a ____ period of time.
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Question

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Securities firms offer more shares to institutional investors who hold onto them for a longer period to discourage quick selling or "flipping."

To Discourage Flipping, Some Securities Firms Make ____ Shares of Future