Investment banks and stock brokerages have traditionally been regulated by the:

Question

Quizplus · Accepted Answer

Investment banks and stock brokerages are primarily regulated by the Securities and Exchange Commission (SEC), which is responsible for enforcing federal securities laws and regulating the securities industry to protect investors. The Federal Reserve System (FED) and Federal Deposit Insurance Corporation (FDIC) primarily regulate banks and other financial institutions, while the Internal Revenue Service (IRS) is responsible for collecting taxes, not regulating financial institutions.

Investment Banks and Stock Brokerages Have Traditionally Been Regulated by The