Define registered stock exchange

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter13: Investments And Long-term Receivables
Section: Chapter Questions
Problem 23GI
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Define registered stock exchange

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Registered stock exchanges generally conduct trading of securities in huge volumes. Hence they are accustomed to more regulations.

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