A securities professional who engages in the business of buying and selling securities for their own account is a:

Question

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A dealer buys and sells securities for their own account, whereas a broker acts as an intermediary between a buyer and a seller. An investment adviser provides advice to clients on how to invest in securities, while a scalper engages in short-term trading to profit from small price movements. A churner engages in excessive trading to generate commissions.

A Securities Professional Who Engages in the Business of Buying