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What Is the Mission of the Securities and Exchange Commission

question 7

Essay

What is the mission of the Securities and Exchange Commission? How did the SEC come into being?


Definitions:

Cultural Constraints

Limitations and restrictions on behaviors, practices, and norms imposed by the values, beliefs, and rules of a society.

Rules

Established guidelines or instructions that prescribe the acceptable behavior or conduct within a specific context or system.

Latent Function

Unintended and often unrecognized consequences of social processes or structures.

Manifest Function

The recognized and intended consequences of any social pattern, which contribute to its function in society.

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