Follow the instructions for ProctorU. Make sure you look ove…

Follow the instructions for ProctorU. Make sure you look over the requirements and rules for using ProttorU before completing this assignment. Schedule and take the practice test before you try to take the course exams using the proctoring service ProctorU. You will have 15 minutes to answer the questions on this short assignment once the live person has checked you in and you have begun the “test.”You may use your notes or the PowerPoint slides from this class to help you answer questions on this assignment and on the exam itself (you can use three pages of them on the exam itself), but the information must be in digital form, on your computer screen. Do not use hardcopy notes or slides. 

What types of firms are called securities firms? Why is owne…

What types of firms are called securities firms? Why is ownership capital a more important measure of the size of a securities firm than the amount of total assets? What other measures would be useful to estimate their size, given the diversity of this industry?