The eventual elimination of the need for stock certificates by a larger use of the
A) Intermarket Trading System.
B) Depository Trust Company.
C) Securities Investor Protection Corporation.
D) NASDAQ International.

Question

Quizplus · Accepted Answer

The Depository Trust Company (DTC) offers direct registration services where stock ownership is recorded and tracked electronically, eliminating the need for physical stock certificates. This method of ownership is becoming more common and is expected to eventually eliminate the need for traditional paper stock certificates. The other options listed (Intermarket Trading System, Securities Investor Protection Corporation, NASDAQ International) are not directly related to stock certificate ownership and would not contribute to the elimination of physical stock certificates.

The Eventual Elimination of the Need for Stock Certificates by a Larger