Question: The basic difference between brokers and dealers is that: Multiple Choice O dealers own the securities they trade and brokers act as agent for buyer

The basic difference between brokers and dealers is that: Multiple Choice O dealers own the securities they trade and brokers act as agent for buyer and seller. O brokers own the securities they trade and dealers act as agent for buyer and seller. brokers can trade only on organized exchanges and dealers can trade only over-the-counter There is no difference

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