SIE Exam Practice Question 268

Question: 268

When reviewing the definitions of broker-dealers and investment advisers, one would find that:

A. Broker-dealers can engage in securities transactions for compensation.

B. Investment advisers engage in providing advice relating to the advisability of investing or not investing in securities for compensation

C. An investment advisory firm must have an account at a broker-dealer in order to have the recommended transactions executed.

D. All of these