Asked by Mario Golden on Jun 04, 2024

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Verified

Which of the following permits the SEC to seek punishment of violators of foreign securities laws?

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 Enforcement Remedies

Legal tools and methods employed by regulatory bodies to ensure compliance with securities laws and regulations.

Penny Stock Reform Act

Legislation aimed at providing greater transparency and protection in the trading of low-priced, speculative securities known as penny stocks.

Market Reform Act

Legislation aimed at improving the regulation and functioning of financial markets, though the specifics can vary by country.

  • Gain insight into the regulatory scheme of securities trading and the significance of selected acts and amendments in the realm of financial regulation.
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Verified Answer

SB
Sindia BonillaJun 08, 2024
Final Answer :
B
Explanation :
The Securities Acts Amendments of 1990 expanded the SEC's authority, allowing it to seek out and punish violators of foreign securities laws, enhancing its ability to protect investors and maintain fair, orderly, and efficient markets.