Charles Schwab in 1971 was determined to build a stock brokerage firm that would be different. He cited that he was disturbed by the conflict of interest between the stock brokers and their clients. Brokers were commonly known for convincing clients to make questionable transactions to increase their commissions. What did Charles Schwab see as a current issue in the stock brokering industry?

a. Self-dealing

b. On-the-job consumption

c. Price fixing

d. The Agency Problem