Most financial markets in the United States operate under a system:
A) without any formal rules or regulation.
B) with many rules and regulation to ensure a fair market.
C) where it depends on which state where the financial market is located since some states do not have any regulations.
D) that is totally controlled by the federal government.

Question

Quizplus · Accepted Answer

Most financial markets in the United States operate under a system with many rules and regulation to ensure a fair market. The Securities and Exchange Commission (SEC) enforces federal securities laws, while other regulatory agencies oversee various aspects of the financial industry. Additionally, individual states may have their own regulations and requirements.

Most Financial Markets in the United States Operate Under a System