Which of the following federal government agencies has responsibility for regulating the various stock exchanges in the U.S.?

Question

Quizplus · Accepted Answer

The Securities and Exchange Commission (SEC) is the federal government agency responsible for regulating the various stock exchanges in the U.S. It was created in 1934 to enforce federal securities laws and protect investors in the stock market. The NASDAQ is a stock exchange, but it is not a federal government agency with regulatory responsibilities. The FCC (Federal Communications Commission) regulates communications by radio, television, wire, satellite, and cable in the U.S. The ICC (Interstate Commerce Commission) used to regulate railroads, but it was abolished in 1995.

Which of the Following Federal Government Agencies Has Responsibility for Regulating