Series 7 - General Securities Representative Exam

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Painting the tape is best described as

Traders selling a security to the public at an unfair price
A
Traders selling and buying a security amongst themselves to create the illusion of trading activity
B
Traders buying and selling a security heavily at the market open
C
Traders buying and selling a security heavily at the market close
D

Explanations

Painting the tape is a violation and is designed to give the impression of more trading activity than actually exists

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