The U.S.Securities and Exchange Commission ________.

Question

Quizplus · Accepted Answer

The U.S. Securities and Exchange Commission is responsible for promoting transparency in direct finance transactions, such as the buying and selling of securities. A is incorrect as the oversight of lending policies at commercial banks falls under the Federal Reserve. B is incorrect as the direction of credit to underserved segments of the financial sector is a policy goal of the Community Reinvestment Act, which is enforced by several regulatory agencies including the Federal Reserve, FDIC, and OCC. D is incorrect as the SEC does not provide advice to households and businesses on which companies to invest in, but it does require companies to disclose certain financial and other information that can be useful to investors making investment decisions.