Congress Enacted Legislation in 1933 to Regulate the Securities Industry

question 26

Multiple Choice

Congress enacted legislation in 1933 to regulate the securities industry and prohibit various forms of fraud with securities.The Securities Exchange Act of 1934 was passed a year later.This law created the Securities and Exchange Commission (SEC) as an independent regulatory entity whose function is to enforce the two laws.The SEC has generated rules and regulations to fulfill this purpose.These rules and regulations are:

• A)statutes.
• B)administrative law.
• C)executive orders.
• D)common law.

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Definitions:

Explicit Instruction

A teaching method that is direct, structured, and clear, with specific instructions provided to students for learning tasks.

Skilled Workers

Individuals who have acquired special training, knowledge, and abilities to perform specific tasks.

Base-10 Number System

A numeral system that is based on ten, utilizing digits 0 through 9, and where each digit's place represents a power of ten.

English-Speaking Children

Children whose primary language of communication is English, affecting aspects of their linguistic, cognitive, and social development.