A ________ is a registered representative acting as an intermediary to buy and sell securities for clients.
A) certified stock underwriter
B) stockbroker
C) securities banker
D) trading accountant

Question

Quizplus · Accepted Answer

A stockbroker is a registered representative who acts as an intermediary between buyers and sellers in buying and selling securities. A certified stock underwriter is a person who has passed a rigorous examination and is qualified to underwrite securities. Securities bankers are investment banking professionals who raise capital for corporations and governments. Trading accountants are professionals who specialize in accounting for trading businesses. None of these roles fit the definition of a registered representative intermediary who buys and sells securities for clients.

A ________ Is a Registered Representative Acting as an Intermediary