SIE Exam Question 497: Answer and Explanation

Question: 497

Which of the following may NOT trade on the floor of the NYSE?

• A. Allied member.
• B. Two-dollar broker.
• C. Commission house broker.
• D. Regular member.

Correct Answer: A

Explanation:

A: An allied member may not trade on the floor. He is only allowed to call himself a member and have electronic access to the exchange.