### Question
How is the term government securities broker defined?


### Answer
The term **government securities broker** is defined in *15 U.S.C. § 78c* as the following:

> any person regularly engaged in the business of effecting transactions in government securities for the account of others, but does not include—


(A) any corporation the securities of which are government securities under subparagraph (B) or (C) of paragraph (42) of this subsection

#### Citation:
  - *15 U.S.C. § 78c*
  - Heading: **CHAPTER 2B-SECURITIES EXCHANGES**

