The Glass-Steagall Act, when passed, had the floowing basic objectives

	to discourage speculation in financial markets
	to prevent conflict of interest and self-dealing
	to restore confidence in the safety and soundness of the banking system
	All of the above are correct

Investment banks:

	are firms that specialize in helping businesses and governments sell their new security issues (debt or equity) in the primary markets to finance capital expenditures
	are the most important participants in the direct market
	are the most important participants; in the indirect market
	after the securities are sold, investment bankers make secondary markets for the securities as brokers and dealers.
	All of the above
	A, C, and D are correct
	A, B, and D are correct