Which regulation created the Securities and Exchange Commission?
A)Securities Act of 1933
B)Securities Exchange Act of 1934
C)Investment Company Act of 1940
D)Securities Investor Protection Act of 1970

Question

Quizplus · Accepted Answer

The Securities and Exchange Commission (SEC) was created by the Securities Exchange Act of 1934, which was passed in response to the stock market crash of 1929 and the ensuing Great Depression. The SEC was tasked with regulating securities markets, protecting investors, and overseeing corporate disclosure and accounting practices. The other options listed here are also important securities regulations, but they did not create the SEC.

Which Regulation Created the Securities and Exchange Commission