SIE Exam Practice Question 67

Question: 67

All of the following are true of the transferability of securities except that

A. securities can be transferred between parties by physically exchanging stock certificates.

B. a stock owner does not need the approval of the issuing organization of that stock to sell his or her shares.

C. the secondary market is where the transferring of securities is executed.

D. a broker dealer may assist in the transferring process of securities between two parties.