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Specialists on the Stock Exchanges May Do All of the Following

Question 50

Multiple Choice

Specialists on the stock exchanges may do all of the following except _________.


A) They make a market in shares of the firms for which they specialize
B) They keep the limit order book
C) Use their privileged information to make speculative investments on their own account
D) Use their privileged information to make investments on behalf of clients of brokerage firms with which they do business

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