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:

Antianxiety Drug

Medications used to treat and reduce symptoms of anxiety and panic disorders.

Biomedical Therapy

Treatments for mental disorders that involve physical processes, such as medication, electroconvulsive treatment, or surgery.

Insight Therapy

A form of psychotherapy that aims to bring a sudden awareness and understanding of one's own feelings, motivations, and behaviors.

Psychodynamic Therapy

Therapy deriving from the psychoanalytic tradition; views individuals as responding to unconscious forces and childhood experiences, and seeks to enhance self-insight.