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Which Statement Below Is Correct About the Financial Industry Regulatory

Question 6

Multiple Choice

Which statement below is correct about the Financial Industry Regulatory Authority (FINRA) ?


A) FINRA is the successor to NASDAQ.
B) FINRA was created as a regulator of the stock market during the 1930s.
C) FINRA is the new name for NASD.
D) NASD and the member regulation,enforcement,and arbitration functions of the New York Stock Exchange were consolidated to form FINRA.
E) FINRA operates the NASDAQ Stock Market LLC.

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