What is the difference between a securities broker and a securities dealer? What roles do brokers and dealers play in the fi nancial system? What is a prospectus? What are the differences among a...

What is the difference between a securities broker and a securities dealer? What roles do brokers and dealers play in the fi nancial system?

What is a prospectus? What are the differences among a prospectus, a registration statement, and a bond indenture?