A. Stockbrokers execute trades on the floor of the New York Stock Exchange on behalf of account executives. B. Stockbrokers are regulated by financial consultants. C. Stockbrokers must be licensed by the Securities and Exchange Commission. D. Stockbrokers act as dealers in the securities they trade.

The correct answer is A. Stockbrokers execute trades on the floor of the New York Stock Exchange on behalf of account executives.

Explanation:

The main function of a stockbroker is to provide advice to other people who do not have the necessary experience to carry out operations in the different financial markets. The stockbroker stands out for having extensive knowledge in finance and fulfilling an active and important role in the stock market. You could say that the stockbroker acts as an intermediary, that is, a person who is between the broker and the investor who is interested in buying or selling.

The stockbroker guides and advises its clients in finance so that they can obtain the best possible returns. It is also responsible for managing purchases and other operations performed by its customers. Then it can be said that the work cycle of a broker begins when one of its clients buys an asset, and ends when it sells it and definitively closes the operation.

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