One of the primary functions of the SEC is to pass on to the public the merits of the securities proposed to be issued.

Name: One of the primary functions of the SEC is to pass on to the public the merits of the securities proposed to be issued.
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Question

Quizplus · Accepted Answer

The primary function of the SEC (Securities and Exchange Commission) is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation, not to evaluate or endorse the merits of specific securities.

One of the Primary Functions of the SEC Is to Pass