Much of the day-to-day regulation of the market is left to the securities industry and is performed by the exchanges and the
A)SRC.
B)FDIC.
C)OTC.
D)SIPC.
E)FINRA.

Question

Quizplus · Accepted Answer

FINRA (Financial Industry Regulatory Authority) is the primary self-regulatory organization (SRO) for securities firms in the United States. It is responsible for overseeing and enforcing compliance with securities industry regulations and has the authority to discipline firms and individuals for violations. The other options (SRC, FDIC, OTC, and SIPC) are either unrelated to securities regulation or have a more limited scope of responsibility.

Much of the Day-To-Day Regulation of the Market Is Left