21
QuizMultiple Choice

Unit Test — Cumulative exam

Question 21 • (OC27) US GOVT-2106310-Sem-Meadows

Which statement about the SEC is accurate?SEC- U.S. Securities and Exchange Commission

Answer
A
It can convict people of crimes without a trial.
B
It is part of the government’s cabinet department.
C
It is an independent agency that regulates finance.
D
It is associated with the legislative branch.

Explanation

The SEC, or Securities and Exchange Commission, is an independent federal agency that regulates securities markets and helps protect investors. It can bring civil enforcement actions, but it cannot convict people of crimes; criminal convictions require a court trial.

AI-written and checked against the verified answer.

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