Which of the following is a self-regulatory organization involved in the day-to-day regulation of trading practices?

Question

Quizplus · Accepted Answer

The New York Stock Exchange (NYSE) is a self-regulatory organization that is responsible for overseeing the day-to-day regulation of trading practices. The Securities and Exchange Commission (SEC) is a government agency that regulates the securities industry, but does not play a direct role in day-to-day regulation. The Securities Investor Protection Corporation (SIPC) is a nonprofit organization that provides insurance to investors in case a brokerage firm fails. The Chicago Board of Trade is a futures exchange, and does not play a role in the regulation of stocks. Therefore, only option B is the correct answer.

Which of the Following Is a Self-Regulatory Organization Involved in the Day-To-Day