Answered

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Multiple Choice:

The Securities and Exchange Commission is the primary regulatory authority for the banking industry.

A. False
B. True

Sagot :

GinnyAnsweridn

Final answer:

The Securities and Exchange Commission (SEC) is a regulatory authority that protects investors in the securities market through various regulations and oversight.


Explanation:

The Securities and Exchange Commission (SEC) is an administrative agency of the U.S. Government established to protect the interests of public investors against malpractices in the securities market.

The SEC regulates corporations and brokerage firms in stock market transactions, business financing, and investments, imposing rules on registration, reporting, and disclosure of financial operations.

Examples of SEC regulations include limiting stock sales, overseeing brokerage activities, and enforcing standards to ensure transparency and fairness in financial markets.


Learn more about Securities and Exchange Commission (SEC) here:

https://brainly.com/question/33710812


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