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.

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Definitions:

Struggle for Independence

The struggle for independence refers to the efforts of colonies or territories to become sovereign nations, free from colonial or foreign control.

United States Army

The land service branch of the United States Armed Forces, responsible for land-based military operations.

Classical Economics

A school of thought in economics that emphasizes the importance of free markets, competition, and self-regulation of markets based on the supply and demand principle.

Inputs

Inputs refer to the resources, materials, labor, and information that are required to produce goods or services in any process or system.