The ________ created a federal administrative agency that is empowered to administer federal securities law.

Question

Quizplus · Accepted Answer

The Securities Exchange Act of 1934 created the Securities and Exchange Commission (SEC), which is an independent federal administrative agency empowered to administer federal securities law, including enforcing regulations related to mandatory disclosure, insider trading, and fraudulent activities in the securities markets. The other options (A, C, and D) created important securities regulations, but did not establish the SEC as the regulatory body responsible for enforcing those regulations.

The ________ Created a Federal Administrative Agency That Is Empowered