Among the key activity areas for securities firms are


1. Among the key activity areas for securities firms are Investment Banking, Market Making, Trading and Mergers and Acquisitions. Briefly explain each of these areas and describe the major risks for each area

2. Explain what hedge funds are and how are they different from mutual funds. Your response must include a discussion of activities, fees and regulations.

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Financial Management: Among the key activity areas for securities firms are
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