The cost of principal trades will also rise further as new systems for managing the regulatory capital required for "stress tests" and new capital charges are phased in.
They were primarily intended for goods work, but the increased wheel diameter enabled effective passenger duties, managing heavy excursion trains with ease and speed.
A CSO can provide many services ranging from sales/territory alignment, incentive compensation plans, call centers, hiring/training of reps, managing reps, etc.
Some of these clerks in turn became knowledgeable about the law and were allowed to manage their fellow clerks; hence, they were called managing clerks.