6
AssignmentMultiple Select

Regulatory Policy

Question 6 • IL-Economics

Which of these are duties of the SEC? Check all that apply.overseeing the actions of brokers and financial advisersprotecting businesses from consumer corruptionensuring the security and fairness of mutual funds and exchangesbringing suits against businesses that are not following securities lawsregulating prices to ensure fair competition

Answer
A
overseeing the actions of brokers and financial advisers
B
protecting businesses from consumer corruption
C
ensuring the security and fairness of mutual funds and exchanges
D
bringing suits against businesses that are not following securities laws
E
regulating prices to ensure fair competition

Explanation

The SEC oversees securities markets and the professionals who work in them, including brokers and financial advisers. It also works to protect investors and promote fair, orderly markets, including in mutual funds and exchanges. The SEC can bring enforcement actions against businesses that violate securities laws; it does not generally regulate prices or protect businesses from consumer corruption.

AI-written and checked against the verified answer.

Previous
Next