Gino Vocci buys and sells shares and bonds and provides advice on when to buy and when to sell to his clients.Vocci works for which of the following type of nondepository financial institution?

Question

Quizplus · Accepted Answer

A brokerage firm is a nondepository financial institution that buys and sells securities and provides investment advice to clients, which aligns with Gino Vocci's job description. Commodity brokers deal in commodity futures and options, finance companies offer loans and credit, and share insurance companies provide insurance for shareholders.

Gino Vocci Buys and Sells Shares and Bonds and Provides