The Securities and Exchange Commission (SEC) Was Created to Regulate

question 21

Multiple Choice

The Securities and Exchange Commission (SEC) was created to regulate .

• A) international trade
• B) the stock market
• C) banks
• D) the availability of credit

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Definitions:

Public

Relating to or involving the people as a whole; often used to describe companies whose shares are available to be bought and sold by the general population.

Agency Costs

Expenses stemming from conflicts of interest between parties in a corporation, especially between owners and managers.

Stockholders

Individuals or entities that own shares of a company's stock, making them owners of a portion of the company.

Management

The process of dealing with or controlling things or people, often in the context of running a business, organization, or project.