The SEC Alone Cannot Enforce All Aspects of the Securities

question 5

Multiple Choice

The SEC alone cannot enforce all aspects of the securities market so Congress empowers _____ as an enforcement agency.

• A) a self-regulatory organization (SRO)
• B) Department of Commerce (DOC)
• C) Comptroller of the Currency Office
• D) Chief Financial Officers Council

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Definitions:

Highly Inelastic

Describes demand that is hardly responsive to changes in price, typically for necessities where consumption does not decrease significantly with a price increase.

Total Profit

The overall financial gain made by a business after subtracting all expenses from total revenue.

Graph

A diagram representing a system of connections or interrelations among two or more things by a number of distinctive dots, lines, bars, etc.

Rectangle

A four-sided polygon with four right angles and opposite sides of equal length.