What is a Broker-Dealer?? (Series 63, 65, 66)
Basic Wisdom - https://basicwisdom.net Video courses - https://basicwisdom.net/courses Tutoring help - https://basicwisdom.net/tutoring Other Basic Wisdom videos - https://basicwisdom.net/videos We explore the definition of a broker-dealer, how they operate in the real world, and analyze a practice question related to this topic. Video introduction: (0:00) Real world versions of broker-dealers: (0:13) Primary broker-dealer services: (0:25) Legal definition: (1:15) Brokers: (3:32) Dealers: (4:19) Analyzing a practice question: (6:43) Achievable outro: (10:05)
