• The governmental agency that oversees the capital markets is the
• A. Federal Reserve.
• B. Fair Trade and Banking Agency.
• C. Securities and Exchange Commission.
• D. Federal Trade Commission.

the document that describes the issuer of a security's management and financial position is known as a

• A. 10-K report.
• B. prospectus.
• C. red herring.
• D. balance sheet.

In recent years, trading in secondary markets has increasingly become a function of

• A. technology that by-passes both brokers and dealers.
• B. broker-dealer markets using consolidated venues and technologies.
• C. dealer markets.
• D. securities exchanges.