Series 7: Primary Dealer

Taken from our Series 7 - General Securities Representative Exam

Definition of the term Primary Dealer...

a bank or securities broker-dealer that is permitted to trade in U.S. Government securities directly with the Federal Reserve Bank.

Since you're reading about Series 7: Primary Dealer, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 7
Please Enable Javascript
to view this content!