The basic regulatory framework for public trading of securities within the United States is provided by:
A)the Securities Act of 1933 and the Securities Exchange Act of 1934.
B)state governments.
C)the Federal Reserve Bank.
D)the Sarbanes-Oxley Act of 2002.
E)NASDAQ.

Question

Quizplus · Accepted Answer

The Securities Act of 1933 and the Securities Exchange Act of 1934 are the two main federal laws that regulate the public trading of securities in the United States. These acts provide rules and regulations for the registration and offering of securities, disclosure requirements for companies, and protections for investors. State governments also have their own securities laws, but they must comply with the federal laws as well. The Federal Reserve Bank and NASDAQ are also important institutions in the financial industry, but they do not provide the basic regulatory framework for public trading of securities. The Sarbanes-Oxley Act of 2002 is a more recent law that was enacted in response to accounting scandals and focuses specifically on the responsibilities of public companies and their executives.

The Basic Regulatory Framework for Public Trading of Securities Within