A regulatory body which licenses brokers and oversees traders is classified as

international firm of auction system
international association of network dealers
national firm of equity dealers
national association of securities dealers

The correct answer is: D. national association of securities dealers.

A national association of securities dealers is a regulatory body that licenses brokers and oversees traders. It is responsible for ensuring that brokers are qualified and that traders are following the rules of the market.

The other options are incorrect because they do not refer to regulatory bodies.

  • Option A, “international firm of auction system,” is not a regulatory body. It is a type of business that operates an auction system.
  • Option B, “international association of network dealers,” is not a regulatory body. It is an association of network dealers.
  • Option C, “national firm of equity dealers,” is not a regulatory body. It is a type of business that deals in equity.
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