Which of the following is false?
A) The National Association of Securities Dealers (NASD) regulates the market participants in the other-the-counter market under the supervision of the SEC.
B) More than 3,200 companies whose stocks are traded over-the-counter are members of the National Association of Securities Dealers Automated Quotation System (NASDAQ) . Stocks of NASDAQ members are traded on an advanced computer system that provides immediate information about prices and the number of shares being traded.
C) Exchange-traded funds are a mutual fund that holds the same basket of securities that are represented in an index such as the Dow.
D) Over 1,000 brokers and dealers participate in the NASDAQ market and trading information is broadcast over 350,000 computer terminals world wide.
Correct Answer:
Verified
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