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Ballwieser and Clemm (1999) Identify Five Main Problematic Aspects of the Financial

Question 11

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Ballwieser and Clemm (1999) identify five main problematic aspects of the financial intermediary's job. Which of the following is not one of them?


A) Conflict of interest.
B) Ratings are frequently unreliable.
C) The size of the financial intermediary firms threaten standards.
D) Long-term relationships with clients can threaten independence.

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