SIE Knowledge of Capital Markets Practice Question 15

Correct Answer: D

Explanation:

D: Choice D is correct. Of American exchanges still in existence, the New York Stock Exchange (NYSE) is the oldest. Based on market capitalization of securities traded, it is the largest stock exchange in the world. Choice A is incorrect because the Chicago Board Options Exchange's (CBOE's) jurisdiction for trading includes several other countries. The CBOE's trading volume is second-largest in the United States. Choice B is incorrect because FINRA's role was not originally defined by Congress to include banks. Choice C is incorrect because municipal advisors were added to the oversight responsibility of the Municipal Securities Rulemaking Board (MSRB) in 2010.