Giao dịch, Tài khoản & Hành vi cấmCâu 285 / 398
Two traders repeatedly buy and sell the same security to each other, with no change in beneficial ownership, to create the false appearance of active trading volume. This manipulation is known as:
a.Best execution
b.Dollar-cost averaging
c.Legitimate market making
d.Wash trading (matched orders)
Giải thích
Wash trading and matched orders involve transactions that create the illusion of activity without real change in ownership, misleading other investors about supply, demand, or liquidity. Both are prohibited manipulative practices.
Trích dẫn luật: Securities Exchange Act of 1934Luyện miễn phí toàn bộ 398 câu hỏi — không cần đăng ký.
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