All securities must be listed before they may be traded on the American New York Stock Exchange and regional exchanges.

Name: All securities must be listed before they may be traded on the American New York Stock Exchange and regional exchanges.
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Question

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Not all securities need to be listed on the New York Stock Exchange or regional exchanges to be traded; they can also be traded over-the-counter (OTC) if they meet certain criteria.

All Securities Must Be Listed Before They May Be Traded