The SEC Is a Governmental Institution Responsible for Preventing Securities

question 23

Multiple Choice

The SEC is a governmental institution responsible for preventing securities violations. It also regulates certain investment management firms, such as mutual funds, under the Investment Act of 1940 to promote accurate financial reporting. What does SEC stand for?

• A)Securities and Economic Commission.
• B)Securities and Exchange Commission.
• C)Single Equity Cooperation.
• D)Single Equity Control.
• E)None of these.

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Definitions:

Rogue Nation

A term used to describe a country that acts in a way that is not in line with international norms or laws, often engaging in dangerous or unpredictable behavior.

Ideology

denotes a systematic body of concepts, especially about human life and culture, that guides an individual, social movement, institution, or large group.

Wealthiest Nation

A term typically referring to a country with a high level of economic productivity, income, and wealth per capita.

Preventive War

A conflict initiated to prevent another party from acquiring a capability for attacking, under the presumption of future threat.