Which of the Following Is Correct About the Process for Investigating

question 29

Multiple Choice

Which of the following is correct about the process for investigating violations of the securities laws?

• A) The Securities and Exchange Commission investigates violations and decides whether to prosecute.
• B) The Department of Justice investigates violations and decides whether to prosecute.
• C) The Securities and Exchange Commission investigates violations and makes a recommendation to the Department of Justice,which then decides whether to prosecute.
• D) The Securities and Exchange Commission investigates violations and makes a recommendation to the Department of Justice,which is then obligated to follow the recommendation of the Securities and Exchange Commission.