Which of the following FIs would not hold corporate equities (stock)?
A)commercial bank
B)pension fund
C)life insurance company
D)casualty insurance company

Question

Quizplus · Accepted Answer

Commercial banks are not typically authorized to hold corporate equities due to regulations aimed at limiting their risk-taking activities. Pension funds, life insurance companies, and casualty insurance companies, on the other hand, may hold corporate equities as part of their investment portfolios.

Which of the Following FIs Would Not Hold Corporate Equities