The federal regulatory body governing the sale and listing of securities is called the ________.

Question

Quizplus · Accepted Answer

The Securities and Exchange Commission (SEC) is the federal regulatory body that oversees the sale and listing of securities. The IRS (Internal Revenue Service) is responsible for collecting taxes, FASB (Financial Accounting Standards Board) establishes accounting standards, and GAAP (Generally Accepted Accounting Principles) is a set of guidelines for financial reporting.

The Federal Regulatory Body Governing the Sale and Listing of Securities