### Question
What does broker mean?


### Answer
**Broker** has the following meaning in *15 U.S.C. § 78c*:

> any person engaged in the business of effecting transactions in securities for the account of others, but does not include a bank

#### Citation:
  - *15 U.S.C. § 78c*
  - Heading: **CHAPTER 2A-SECURITIES AND TRUST INDENTURES > SUBCHAPTER III-TRUST INDENTURES**

