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The Securities and Exchange Commission (SEC), Using Its Congressional Mandate

Question 23

Multiple Choice

The Securities and Exchange Commission (SEC) , using its congressional mandate under the 1933 and 1934 Securities Acts, has prescribed rules governing the issuance of, and trading in, securities by businesses as well as by brokers and underwriters. This is an example of the SEC's power.


A) legislative
B) judicial
C) veto
D) executive

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