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Which of the following statements is incorrect? The NASDAQ level 2 price quote reports the...

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Finance

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Which of the following statements is incorrect? The NASDAQ level 2 price quote reports the inside quotes: the pain of lawest bid and highest asked prices for any security. Tradewind Inc.just sold 0.5 million shares of its newly issued common stock to a hedge fund - this transaction happened on the primary market. In the election of corporate board members, cumulative voting is a mechanism that better protects the interests of small shareholders than straight voting. The designated market maker (DMM) is a NYSE member who functions as a dealer for a limited number of securities. ogt N

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