Series 10 Exam Question 45: Answer and Explanation
Question: 45
The DMMs on the NYSE:
- A. Work for themselves.
- B. Are appointed by a vote of the company's board.
- C. Work for the exchange.
- D. Work for the company whose stock they trade.
Correct Answer: A
Explanation:
The DMMs on the NYSE work for themselves or for a DMM firm.
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