A(n) _________ arranges security transactions between investors.

Question

Quizplus · Accepted Answer

A broker is a person or a firm that arranges security transactions between investors, usually for a commission or fee. Agents represent clients and perform tasks on their behalf but are not involved in securities transactions. Underwriters are responsible for selling new securities offerings to the public. Dealers are usually market makers who buy and sell securities on their own behalf, and Investment bankers usually underwrite securities offerings and provide financial advice to companies.

A(n) _________ Arranges Security Transactions Between Investors