Sapphinx Growth and Income, a mutual fund company, had a free hand in its operations before the year 2010. However, after an alteration in the government rules, the company faced a number of restrictions in selling its shares to investors. Which of the following acts is responsible for the alteration in the rules?
A. The Sarbanes-Oxley Act
B. The Glass-Steagall Act
C. The Gramm-Bliley-Leach Act
D. The Dodd-Frank Act
Answer: D
You might also like to view...
Briefly discuss application service providers (ASP) and Software as a Service (SaaS)
A friend comes to visit, distraught over his breakup with a longtime companion. You would most need to be what kind of listener in this situation?
a. Critical listener b. Therapeutic listener c. Appreciative listener d. Discriminatory listener e. Comprehensive listener
Underpricing is a pricing strategy whereby companies charge an amount just below cost in order to generate sales in the introductory stage of a product's life cycle.
Answer the following statement true (T) or false (F)
Questionnaires are useful in providing the analyst with interactive feedback
Indicate whether the statement is true or false