Examlex
Which action is an example of a violation of the Pendleton Act?
Mutual Fund
An investment vehicle that pools money from many investors to purchase a diversified portfolio of stocks, bonds, or other securities.
Brokers
Individuals or firms that act as intermediaries between buyers and sellers in financial transactions, earning a commission for their services.
Index Funds
Mutual funds or exchange-traded funds that aim to replicate the performance of a specific market index by holding the same stocks in the same proportions.
Altruistic Behavior
Actions undertaken to help others with no direct benefit to the individual performing the actions, often at a cost to themselves.
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