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Question 4 (2 points) T&m is a financial analyst who works for Fitch Ratings. Fitch Ratings is one of the big three rating ag
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A. Incorrect. Sell side analyst are those that recommend 'buy' , ' sell' ,'hold' recommendations. They work for brokerage firms. They have many clients under them who use such recommendations to invest

B. Incorrect. Buy side are those that work for institutional firms like hedge funds, mutual funds etc. They help managers in such institutions to make decisions on investment.

C. Correct. Rating firms have independent analysts. Their job is to give rating and help others get a neutral viewpoint. They don't give any recommendation of buy or sell.

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