Exercise
Choose broker-dealer or not a broker-dealer
- 1. _ James is an employee of Securities-R-Us, a broker-dealer firm. He helps clients effect transactions.
- 2. _ The city of Raleigh, North Carolina, issues municipal securities, which it sells to the general public.
- 3. _ ABC is a firm that specializes in selling securities from its own account to retail clients.
- 4. _ ABC Mutual Funds is a firm that spec