Which of the Following Powers Is Not Available to the SEC

question 2

Multiple Choice

Which of the following powers is not available to the SEC pursuant to the Remedies Act?

• A) The SEC may start administrative proceedings against any person or entity regulated by the SEC.
• B) The SEC may start administrative proceedings against any person or entity not regulated by the SEC.
• C) The SEC may order an accounting and disgorgement of ill-gotten gains.
• D) All of the above powers are available to the SEC under the Remedies Act.

---

Definitions:

Standard and Poor's

A financial services company known for its stock market indices such as the S&P 500, as well as its rating services for bonds and other securities.

Stock Split

Issue by a corporation of a given number of shares in exchange for shares currently held by stockholders. A split increases the number of shares outstanding. A reverse split decreases the number outstanding.

Divisor

A number by which another number is to be divided.

Dow Jones Industrial Average

A stock market index that measures the stock performance of 30 large, publicly-owned companies trading on stock exchanges in the United States.