Which of the Following Is Not a Major Function of the Securities

question 13

Multiple Choice

Which of the following is not a major function of the securities industry?

• A)brokerage
• B)raising new capital
• C)underwriting
• D)decisions regarding open market operations

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Definitions:

Barbados

An island country in the Eastern Caribbean known for its beaches, botanical gardens, and the birthplace of rum.

Friars

A member of a religious order within the Catholic Church who is devoted to teaching and charitable work, not bound to a cloister.

New Mexico

A state in the southwestern region of the United States, known for its diverse culture, art scenes, and historical sites related to Native American, Hispanic, and Anglo American heritages.

Franciscans

Members of a Roman Catholic religious order founded by Saint Francis of Assisi in the early 13th century, known for their vows of poverty, chastity, and obedience.