What is Broker-Dealer? | SIE, SERIES6, SERIES7, SERIES63, SERIES66 Exam Prep

A broker-dealer is a financial firm that buys and sells securities for its customers (broker) and for its own account (dealer), regulated by FINRA and the SEC. 📚 Learn more about Broker-Dealer and other key terms for your SIE, SERIES6, SERIES7, SERIES63, SERIES66 exam at Open Exam Prep. 🎯 This term appears on: SIE, SERIES6, SERIES7, SERIES63, SERIES66 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 Broker-Dealer definition: https://www.open-exam-prep.com/glossary/broker-dealer 💡 Exam Tip: Broker = agent (commission). Dealer = principal (markup). B-D does both. --- #general #examprep #financeexam #sie #series6 #series7 #series63 #series66