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The SEC ________ an Offending Party for Violations of Section

Question 22

Multiple Choice

The SEC ________ an offending party for violations of Section 32(a) of the Securities Exchange Act of 1934.


A) has the independent power to criminally prosecute
B) can make a criminal referral to the U.S. Department of Justice, with a recommendation that they criminally prosecute
C) can make a criminal referral to a state attorney general, with a recommendation that he or she criminally prosecute
D) is limited to pursuing civil actions, and is thus barred from making criminal referrals for

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