Stocks and bonds are traded at A. federal trade commissions. B. capital markets. C. securities and exchange commissions. D. money markets.

B. Capital markets.

Capital markets are where stocks and bonds are bought and sold. These markets include the stock market where stocks (shares of ownership in businesses) are traded and the bond market where bonds (debt investments) are traded. The capital market serves as a platform for channeling savings and investments between suppliers of capital (investors) and users of capital (companies and governments).

Capital markets are a broad category of markets that facilitate the buying and selling of financial instruments with longer maturities, typically over a year. They play a vital role in the functioning of an economy since they provide individuals and companies with access to financial resources, and they offer investors opportunities to earn returns on their investments.

The capital market is divided into two main segments: the primary market and the secondary market. The primary market is where new issues of securities are sold to initial buyers. This is often done through public offerings (like an initial public offering (IPO) for stocks). On the other hand, the secondary market is where securities that have been previously issued are traded among investors with the most common example being stock exchanges like the New York Stock Exchange (NYSE) or the NASDAQ.

In contrast to capital markets, the money markets involve trading securities with short-term maturities (usually one year or less), such as treasury bills, commercial paper, and certificates of deposit (CDs).

The Securities and Exchange Commission (SEC) and the Federal Trade Commission (FTC) are regulatory agencies, not markets. The SEC regulates the securities industry and the FTC's primary focus is on protecting consumers and promoting competition, not on the trading of financial securities.