The Securities and Exchange Commission's (SEC's)adoption of rules and regulations relating to financial and other information furnished to the Commission comes under its ______ power.
A) quasi-judicial
B) federal
C) quasi-executive
D) quasi-legislative
E) bargaining

Question

Quizplus · Accepted Answer

The Securities and Exchange Commission (SEC) has both quasi-legislative and quasi-judicial powers. Under its quasi-legislative power, it has adopted rules and regulations relating to financial and other information that must be furnished to the Commission.

The Securities and Exchange Commission's (SEC's)adoption of Rules and Regulations