Question 9 1 pts An investor is a person or corporate entity that makes an investment by buying and selling securities. An investor: places orders directly on an exchange and therefore assumes all financial risk of the transaction. may not be members of stock exchanges. Rather they must buy and sell securities through broker-dealers which are registered with the appropriate regulatory body for that purpose may purchase a variety of investments including US government debt by placing orders directly through an exchange O may buy and sell securities on their own behalf even if they are not registered as a broker-dealer Question 10 1 pts To qualify for trading on an exchange, a security must: O first be listed, having met the requirements of the listing exchange. Trading on an exchange can be conducted by any accredited investor. first be issued, having met the requirements of the Municipal Securities Rulemaking Board (MSRB). Trading on an exchange can be conducted by any accredited investor. first be listed, having met the requirements of the listing exchange. Trading on an exchange is restricted to brokers who are members of the exchange. O first be issued, having met the requirements of the Municipal Securities Rulemaking Board (MSRB). Trading on an exchange is restricted to brokers who are members of the exchange