SIE - Securities Industry Essentials Exam

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Which 2 SROs are designated as the examining authority for broker-dealers that clear the accounts of independent options market makers?

SEC & CBOE
A
SEC & FINRA
B
CBOE & FINRA
C
FINRA & NASDAQ
D

Explanations

The CBOE (Chicago Board Options Exchange) & FINRA are examining authorities for broker-dealers that are clearing firms for independent options market makers. The SEC is the Securities and Exchange Commission and the NASDAQ is an SRO (also an exchange).