The United States Congress passed the ________ in an effort to prevent the exploitation of small investors.

Question

Quizplus · Accepted Answer

To prevent the exploitation of small investors,the United States Congress passed the Investment Company Act of 1940,providing for Securities and Exchange Commission (SEC)regulation of investment companies.Congress later expanded the SEC's power to regulate investment companies under the Investment Company Act Amendments of 1970 and the National Securities Markets Improvement Act of 1996.

The United States Congress Passed the ________ in an Effort