The problem with being a public investment company is you have to file quarterly reports about all the things you've invested in.

而公共券商的困难在于,你必须按季度向证交会报告,公司所有的投资活动

耶鲁公开课 - 金融市场课程节选

John Geanakoplos is actually Chief Economist for a large investment company called Ellington Capital in Greenwich, Connecticut, which you'll see a lot in the news.

约翰·吉纳科普洛斯为一家,位于康涅狄格州格林威治的,名为埃林顿基金的大型投资机构,做首席经济学家,这家公司的大名经常见诸报端

耶鲁公开课 - 金融市场课程节选

If you are--this is a private investment company -let's think before we talk about hedge--think of -suppose you're a public investment company approved by the SEC.

如果你是...这是一种私募投资公司,...在我们讨论对冲基金之前大家想一想,...假设你有一家经证交会认证的公共券商

耶鲁公开课 - 金融市场课程节选

you wouldn't go to a pure investment bank either and say I want to buy a hundred shares of Ford Motor Company, ? where is your stockbroker?

你不能去一个真正的投行然后说,我想买几百股福特汽车的股票，你的证券公司在哪里？

耶鲁公开课 - 金融市场课程节选

For example, if Ford Motor Company wants to issue corporate bonds or they want to issue new shares they would go to an investment bank and the investment bank would say, okay we can underwrite for you, but we'll do it for you.

例如，如果福特汽车,想要发行公司股票或者募集新股,他们会去投行,然后投行的人会说，好的我们能帮你承销。

耶鲁公开课 - 金融市场课程节选