The organization charged with protecting investors and the public by requiring full disclosure of financial information by companies offering securities to the public is the:

Question

Quizplus · Accepted Answer

The Securities and Exchange Commission (SEC) is responsible for enforcing federal securities laws and regulating the securities industry, which includes requiring companies offering securities to the public to provide full disclosure of financial information to protect investors and the public. The Auditing Standards Board, Financial Accounting Standards Board, and Government Accounting Standards Board are all involved in setting accounting and auditing standards, but they are not specifically responsible for requiring companies to provide financial disclosures to potential investors.

The Organization Charged with Protecting Investors and the Public by Requiring