Broker-dealers make very few adjustments to the book value net worth to reach an approximate market value net worth.

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Broker-dealers make significant adjustments to book value net worth in order to reach an approximate market value net worth. This is because book value only takes into account assets at their historical cost, while market value considers the current fair value of assets and liabilities. Therefore, adjustments must be made to account for changes in asset values, fluctuations in market conditions, and other factors that may affect a firm's overall net worth.

Broker-Dealers Make Very Few Adjustments to the Book Value Net