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Basic Question 0 of 9
What service do dealers provide?
B. Liquidity
C. Internal efficiency (low transaction cost)
A. External efficiency (prices adjust to new information rapidly)
B. Liquidity
C. Internal efficiency (low transaction cost)
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You have a wonderful website and definitely should take some credit for your members' outstanding grades.

Colin Sampaleanu
Learning Outcome Statements
demonstrate a thorough knowledge of the Code of Ethics and Standards of Professional Conduct by applying the Code and Standards to specific situations;
recommend practices and procedures designed to prevent violations of the Code of Ethics and Standards of Professional Conduct.
CFA® 2025 Level II Curriculum, Volume 6, Module 44.