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4-50 the Largest Category of Assets for Broker-Dealers as of the Beginning

Question 49

Multiple Choice

4-50 The largest category of assets for broker-dealers as of the beginning of 2009 was


A) receivables from other broker-dealers.
B) securities purchased under agreement to resell.
C) receivables from customers.
D) exchange membership.
E) long position in securities and commodities.

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