Mutual funds are regulated by the

Question

Quizplus · Accepted Answer

Mutual funds are regulated by the Securities and Exchange Commission (SEC) to protect investors from fraudulent practices and ensure that they receive adequate information about the fund's strategy, risks, and fees. The SEC oversees registration, disclosure, reporting, and compliance requirements for mutual funds, as well as enforces laws that prohibit insider trading, market manipulation, and other misconduct. The Federal Reserve System (Fed) supervises banks and controls monetary policy, the Federal Deposit Insurance Corporation (FDIC) insures deposits in banks and thrifts, and the Federal Trade Commission (FTC) regulates advertising, marketing, and consumer protection.

Mutual Funds Are Regulated by the