Which Statement Regarding Designated Market Makers (DMMs) Is False? DMMs

question 26

Multiple Choice

Which statement regarding designated market makers (DMMs) is False? DMMs:

• A) are expected to maintain a fair and orderly market in their assigned stocks.
• B) perform a dual role as brokers and dealers.
• C) must be approved by the Federal Reserve Board.
• D) must often go "against the market."

---

Definitions:

Family Responsibilities

Obligations related to the care, support, and well-being of family members.

Time Management

The process of organizing, planning, and dividing one’s time between specific activities to increase efficiency and productivity.

Expectations

Beliefs or hopes about what is possible or likely to happen in the future.

Communicating

The process of sharing or exchanging information, ideas, and messages through speech, writing, or other mediums.