The Securities and Exchange Commission (SEC) may discipline accountants. Under its disciplinary powers, the SEC may suspend an accountant's right to practice before it. What is a basis for suspension? A. Conviction of any misdemeanor. B. Intentional or unintentional violation of SEC regulations. C. Being subject to a temporary restraining order regarding securities practice. D. Conviction of a felony.

Question

Joanna Lara

Business

30 June, 18:33

The Securities and Exchange Commission (SEC) may discipline accountants. Under its disciplinary powers, the SEC may suspend an accountant's right to practice before it. What is a basis for suspension? A. Conviction of any misdemeanor. B. Intentional or unintentional violation of SEC regulations. C. Being subject to a temporary restraining order regarding securities practice. D. Conviction of a felony.

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Patience Pollard · Answer 1

D. Conviction of a felony.

Explanation:

The basis for the suspension is the Conviction of a felony. As common, significantly more severe the violation, that has more severe the penalty. As an illustration but observed guilty of a misbehavior violation, thou may only have to give a penalty. If a court declares a felony conviction after that you may be inspecting various years in the penitentiary. Remaining convicted concerning a felony is a dangerous matter.