The Securities and Exchange Commission SEC)was Established In1934 to Help

question 4

Multiple Choice

The Securities and Exchange Commission SEC) was established in1934 to help regulate the U.S.securities market.Which of the following statements is true concerning the SEC?

• A)The SEC prohibits the sale of speculative securities.
• B)The SEC regulates only securities offered for public sale.
• C)Registration with the SEC guarantees the accuracy of the registrant's prospectus.
• D)The SEC's initial influence and authority has diminished in recent years as the stock exchanges have become more organized and better able to police themselves.
• E)The SEC's powers are broad with respect to enforcement of its reporting requirements as established in the 1933 and 1934 acts,but narrow with respect to new reporting requirements because these require confirmation by the Congress

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Definitions:

Month

A unit of time, approximately equal to the length of a natural period related to the motion of the Moon.

Storage Locations

Memory addresses in a computer's memory where data and information are stored.

Data Type

A classification of data which tells the compiler or interpreter how the programmer intends to use the data.