Asked by Abdul Sattar on Jul 06, 2024
Verified
The ________ created the Securities and Exchange Commission.
A) Securities Act of 1933
B) Securities Exchange Act of 1934
C) Wall Street Accountability Act of 1931
D) Ponzi Scheme Elimination Act of 1932
E) New York Stock Exchange Restoration Act of 1930
Securities Exchange Act
A U.S. law enacted in 1934 to govern the trading of securities, such as stocks and bonds, to protect investors against malpractice.
Securities Act
A U.S. law enacted in 1933 that requires transparency in the offer and sale of securities to protect investors from fraud.
- Comprehend the historical background and legal structure governing securities regulation within the United States.
- Contrast the specific intentions and stipulations of the Securities Act of 1933 with those of the Securities Exchange Act of 1934.
Verified Answer
ZK
Zybrea KnightJul 11, 2024
Final Answer :
B
Explanation :
The Securities Exchange Act of 1934 created the Securities and Exchange Commission (SEC),an agency whose function is to administer federal securities laws.
Learning Objectives
- Comprehend the historical background and legal structure governing securities regulation within the United States.
- Contrast the specific intentions and stipulations of the Securities Act of 1933 with those of the Securities Exchange Act of 1934.
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