IIA
IIA-CFSA · Question #475
An entity that purchases and sells securities on its own behalf is acting as:
The correct answer is B. A dealer. See the full explanation below for the reasoning.
Question
An entity that purchases and sells securities on its own behalf is acting as:
Options
- AA broker
- BA dealer
- CAn agent
- DA principal
How the community answered
(40 responses)- A10% (4)
- B83% (33)
- C3% (1)
- D5% (2)
Community Discussion
No community discussion yet for this question.