Respuesta :

Answer:

Contractual distribution system.

Explanation:

A distribution system consists of all the facilities and equipment connecting a transmission system to the customer's equipment. A typical distribution system can consist of: Substations. Distribution Feeder Circuits. Switches.

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The type of distribution system in which intermediaries are independent but agree to cooperate are participating in a contractual distribution system. (b) is correct option.

We impose entry requirements on people and companies to guarantee that the securities and futures market in Hong Kong operates in accordance with high standards. We also demand adherence to secondary regulatory standards for intermediaries as well as the Securities and Futures Ordinance. Therefore, through our licensing and intermediates supervisory activities, our Intermediaries Division contributes significantly to the SFC's aim of promoting the integrity and soundness of the Hong Kong stocks and futures markets.

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