Asked by Rachele Fleming on Jul 07, 2024
Verified
The___________ regulates public companies and requires them to file documents and forms revealing certain information.
A) Securities and Exchange Commission (SEC)
B) Federal Business Bureau (FBB)
C) American Bar Association (ABA)
D) None of these choices is correct.
Securities And Exchange Commission
A U.S. government agency responsible for regulating the securities industry, ensuring fair and efficient financial markets.
Public Companies
Corporations whose shares are traded publicly on a stock exchange, allowing for investment by the general public.
- Understand the role and requirements of the Securities and Exchange Commission (SEC) in the context of public companies.
Verified Answer
MB
Myesha BaldwinJul 11, 2024
Final Answer :
A
Explanation :
The Securities and Exchange Commission (SEC) is the federal agency responsible for regulating public companies, ensuring they comply with laws designed to protect investors by requiring the filing of various documents and forms that disclose important financial and operational information.
Learning Objectives
- Understand the role and requirements of the Securities and Exchange Commission (SEC) in the context of public companies.