Examlex
Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Victrola
SEC
The SEC, or Securities and Exchange Commission, is a U.S. federal agency responsible for enforcing federal securities laws and regulating the securities industry, including stock and options exchanges.
Merger
The acquisition of one corporation by another.
Golden Parachute
A substantial benefit package given to corporate executives upon termination, often following a merger or takeover.
Dodd-Frank
Enacts financial regulatory reforms aimed at minimizing risk in the financial system following the 2008 crisis.
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