Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello

Exercise 46

SEC Enforcement Division
The Enforcement Division of the Securities and Exchange Commission (SEC) is an important aspect of the corporate governance structure in the United States that is intended to protect investors. Locate the home page of the SEC by doing a general search on the title "Securities and Exchange Commission," and answer the following.
Instructions
a. Identify the divisions of the SEC.
b. Access the category "Enforcement Division," and write a one-sentence description of the purpose of this division.
c. Explore the website and locate the SEC information that deals with pump-and-dump schemes on the Internet.
d. Write a concise description of a pump-and-dump scheme, and list the suggestions of the SEC to investors to avoid these schemes.