When Congress enacted the Securities Act of 1933, it created the Securities and Exchange Commission, a(n) ________, to administer and enforce those statutes.

Question

Quizplus · Accepted Answer

The Securities and Exchange Commission (SEC) is a federal administrative agency created by Congress through the Securities Act of 1933 to oversee and regulate securities markets and enforce federal securities laws. It is responsible for administering and enforcing securities laws, protecting investors, and maintaining fair and efficient markets.

When Congress Enacted the Securities Act of 1933, It Created