Which of the following is the primary regulator (s)of mutual funds?

Question

Quizplus · Accepted Answer

The Securities and Exchange Commission (SEC) is the primary regulator of mutual funds, responsible for enforcing regulations and ensuring that mutual funds operate in the best interests of their investors. The Federal Reserve may have some influence on mutual funds indirectly through its monetary policy, but it is not a primary regulator of mutual funds. The National Association of Securities Dealers (NASD) is a regulatory organization for broker-dealers, not mutual funds. State regulators may also have some oversight of mutual funds, but the SEC has primary authority over mutual funds at the national level.

Which of the Following Is the Primary Regulator (S)of Mutual