Asked by Benoit BOUDA on Jul 05, 2024
Verified
Which of the following legislation allows the Securities and Exchange Commission to suspend securities trading if prices vary excessively within a short time period?
A) The Sarbanes-Oxley Act of 2002
B) The Securities Acts Amendments of 1990
C) The Market Reform Act of 1990
D) The Securities Enforcement Remedies and Penny Stock Reform Act of 1990
E) The National Securities Markets Improvement Act of 1996
Securities Trading
The buying and selling of securities such as stocks, bonds, and options, typically conducted through exchanges or over-the-counter markets.
National Securities Markets Improvement Act
A 1996 U.S. law aimed at simplifying securities regulation by coordinating federal and state authority.
- Identify the main functions and purposes of significant securities-related laws like the Sarbanes-Oxley Act of 2002.
Verified Answer
KA
Karla AgudeloJul 10, 2024
Final Answer :
C
Explanation :
The Market Reform Act of 1990 allows the Securities and Exchange Commission (SEC)to suspend securities trading if prices vary excessively within a short time period.
Learning Objectives
- Identify the main functions and purposes of significant securities-related laws like the Sarbanes-Oxley Act of 2002.