To help keep people in their homes, the SEC promoted loan modifications for troubled home-loan borrowers.

Question

Quizplus · Accepted Answer

The SEC (Securities and Exchange Commission) does not promote loan modifications for troubled home-loan borrowers; this is typically the role of other entities such as the Department of Housing and Urban Development (HUD) or the Federal Housing Finance Agency (FHFA). The SEC's primary role is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.

To Help Keep People in Their Homes, the SEC Promoted