IIA
IIA-CFSA · Question #476
Which of the following statements about the over-the-counter market is false?
The correct answer is B. Security prices are determined through auction bidding. See the full explanation below for the reasoning.
Question
Which of the following statements about the over-the-counter market is false?
Options
- AMutual funds and other new issues are initially issued over the counter
- BSecurity prices are determined through auction bidding
- CBroker dealers must be resigned
- DSecurities are traded at many locations throughout the country
How the community answered
(44 responses)- A18% (8)
- B70% (31)
- C2% (1)
- D9% (4)
Community Discussion
No community discussion yet for this question.