Orders on Nasdaq Come from Market Makers, ECNs, and On-Line

question 40

True/False

Orders on Nasdaq come from market makers, ECNs, and on-line brokers.

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Definitions:

Securities and Exchange Commission

A U.S. federal agency responsible for enforcing federal securities laws, regulating the securities industry, and ensuring market integrity.

FASB

The Financial Accounting Standards Board, an organization responsible for establishing accounting and financial reporting standards in the United States.

Federal Trade Commission

The Federal Trade Commission is a U.S. federal agency tasked with protecting consumers and ensuring a strong competitive market by enforcing antitrust and consumer protection laws.

American Association of CPAs

A professional organization in the United States that sets ethical standards for Certified Public Accountants and offers training and certification.