Question: 64. The basic difference between brokers and dealers is that A. brokers can trade only on organized exchanges and dealers can trade only over-the-counter. B.

64. The basic difference between brokers and dealers is that A. brokers can trade only on organized exchanges and dealers can trade only over-the-counter. B. brokers own the securities they trade and dealers act as agent for buyer and seller. C. dealers own the securities they trade and brokers act as agent for buyer and seller. D. there is no difference

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