_____ are financial intermediaries that participate directly in securities markets, buying and selling stocks and bonds for their own account.

Question

Quizplus · Accepted Answer

Securities dealers, also known as securities firms or brokerage firms, participate directly in securities markets by buying and selling stocks and bonds for their own account. This is different from other financial intermediaries like savings and loan associations and credit unions, which primarily deal in deposits and loans. Accredited investors are individuals or institutions that meet certain criteria for investing in securities, but they are not financial intermediaries themselves.

_____ Are Financial Intermediaries That Participate Directly in Securities Markets