Ensuring that all information relevant for the pricing of securities is available to the public is the responsibility of the
A) Federal Reserve.
B) Securities and Exchange Commission.
C) New York Stock Exchange.
D) NASD.

Question

Quizplus · Accepted Answer

The Securities and Exchange Commission (SEC) is responsible for enforcing federal securities laws, which includes ensuring that all material information relating to the pricing of securities is disclosed to the public. The Federal Reserve is responsible for monetary policy, the New York Stock Exchange is a stock exchange, and the NASD (now FINRA) is a self-regulatory organization for the securities industry.

Ensuring That All Information Relevant for the Pricing of Securities