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29 July, 10:45

Which statement about the SEC is accurate?

It can convict people of crimes without a trial.

It is part of the government's cabinet department.

It is an independent agency that regulates finance.

It is associated with the legislative branch.

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  1. 29 July, 10:50
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    It is an independent agency that regulates finance.
  2. 29 July, 10:53
    0
    The correct answer is: "It is an independent agency that regulates finance".

    The SEC or US Securities and Exchange Comission is an independent agency of the federal goverment that is in charge of enforcing federal laws related to securities, of supervising and regulating the securities industry and the stock exchanges and of proposing new regulations, specially for newly-developed electronic financial products such as electronic securities.
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