The Advantage of Electronic Communication Networks (ECNs) Is That They

question 101

Multiple Choice

The advantage of electronic communication networks (ECNs) is that they:

• A) allow traders to contact the market makers used in the over-the-counter market.
• B) help firms identify and contact accredited investors.
• C) guarantee the sale of all the securities of listed firms.
• D) make it possible for investors to trade securities after the U.S. exchanges are closed.

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Definitions:

Alan Westin

A pioneer in the field of privacy studies, known for his research on the social and legal implications of information technology.

Federal Stored Communications Act

US legislation that protects the privacy of individuals' electronic communications stored by service providers, outlining lawful access and disclosure conditions.

Privacy Protections

Measures and regulations designed to safeguard personal information from unauthorized access, use, disclosure, disruption, modification, perusal, inspection, recording or destruction.

Electronic Communications

The transmission of information using electronic means such as email, instant messaging, social media, and texting.