Chartered Financial Analyst Level 2
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69 Which of the following statements regarding ETF shares is correct?
69 Which of the following statements regarding ETF shares is correct?
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A
ETF shares come to market via an initial public offering of fixed size
B
Investors can purchase ETF shares in the secondary market from a market maker
C
US market makers are given up to three days to settle their accounts due to the time required to create or borrow ETF shares
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