SIE practice questioneasyBroker-Dealer Registration
Under the Securities Exchange Act of 1934, which entity must register with the SEC?
- ACredit union
- BIndividual investor
- CBank savings account
- DBroker-dealer✓ Correct answer
Explanation
Why D — Broker-dealer
Broker-dealers must register with the SEC. Individuals, savings accounts, and credit unions are not required to register as broker-dealers.
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