Suggested Notecards
What is the basic definition of a broker?
What is the basic definition of a dealer?
What does “effect transactions” mean?
Who is excepted from the definition of a broker-dealer?
What is an “agent” of a broker-dealer?
What is the basic definition of an “issuer?”
What are the six general categories of institutional investors?
How does a customer’s state of residence affect the need to register as a broker-dealer?
What are the rules regarding customers for a broker-dealer to avoid state