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In theory that's how it should work if there was internal firewalls. In reality the brokers at the investment banks will shill the IPO to their undesirable cli
by iaw 8y ago
In theory that's how it should work if there was internal firewalls. In reality the brokers at the investment banks will shill the IPO to their undesirable clients as a way to get it off the books, or at least that's what they usually do.