Which of the Following Is NOT Normally a Function of an Investment

question 138

Multiple Choice

Which of the following is NOT normally a function of an investment bank?

• A) handling a client's portfolio in the secondary market
• B) underwriting
• C) creating distribution networks
• D) advising companies on timing of new issues

---

Definitions:

Foreign Companies

Businesses that are incorporated or registered outside of a country’s borders and operate within that country.

U.S. Commerce

Refers to the economic activities and trade within the United States, including transactions of goods and services.

Interstate Commerce Act

A United States federal law designed to regulate the railroad industry, particularly its monopolistic practices, by requiring reasonable and just rates with the establishment of the Interstate Commerce Commission.

Passed

To have been approved or made official, particularly in the context of legislation or examinations.