Which of the following agencies is responsible for scrutinizing related party transactions?
A) Stockholder Protection Agency
B) Securities and Exchange Commission
C) Federal Trade Commission
D) World Trade Organization

Question

Quizplus · Accepted Answer

The Securities and Exchange Commission (SEC) is responsible for scrutinizing related party transactions. Related party transactions refer to transactions between a company and its management, directors, or any entities related to them. These transactions may pose a conflict of interest and potentially harm the interests of other stakeholders, such as shareholders. The SEC requires companies to disclose related party transactions in their financial statements and takes action against any fraudulent or abusive practices. None of the other agencies listed have responsibility for scrutinizing related party transactions.

Which of the Following Agencies Is Responsible for Scrutinizing Related